Sources say Ekovest together with MRCB is on the verge of receiving a letter of award from the government for a portion of the Klang Valley cleaning project.
It will be a joint venture between MRCB and Ekovest, with that portion worth a potential RM8 billion. It could potentially involve some 80 acres, specially on the WP side of the Klang River. The river itself spans 120 km, with 40 km under the purview of the federal government and the remaining 80 km under the Selangor government.
MRCB-Ekovest is very close to getting the award, with an announcement on the matter expected to be made soon.
The government had announced the Klang River clean up, which forms part of a RM15 billion rehabilitation and development plan for the river, under the Economic Transformation Programme.
It could potentially cost rm3 billion for sewerage and sullage management and rm533 million for drainage and flow management to transform the state of the Klang Valley.
The name that was previously linked to the river cleaning project is YTL Corp and I-Bhd.
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