Permodalan Kedah Bhd (PKB) has signed a memorandum of understanding (MoU) with South Korea-based Royal Eco Train Development (RETD Korea) to develop a magnetic levitation (maglev)-based light rail transit (LRT) system on Langkawi Island, Malaysia. 

Further details on the project, including length, number of stations and related infrastructure, will be announced after the completion of the feasibility study by the end of 2024. The project will be executed in phases and will enhance connectivity to multiple tourist spots on Langkawi Island.