The Penang Light Rail Transit (LRT) Mutiara Line project has officially opened for tender with an allocation of RM10 billion for its construction and maintenance. The Mass Rapid Transit Corporation (MRT Corp) is seeking both local and international contractors for the role of turnkey contractor, which will include engineering, procurement, construction, and maintenance. Bidders can form joint ventures, with foreign participation capped at 49 per cent, and must demonstrate experience in delivering large-scale rail projects.

The LRT project, which spans 29 km with up to 20 stations, aims to enhance connectivity across Penang Island and the mainland. Segment 1, linking Silicon Island to Komtar, has already been awarded to the SRS Consortium. The tender process is open until April 2025, with strict eligibility criteria, including a proven track record in railway system integration and financial stability.