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 East Klang Valley Expressway (EKVE), Property Booster in southeastern KV?

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propusers
post Aug 1 2017, 03:21 PM

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Tuesday, 1 August 2017
Highway on track despite initial setbacks

Read more at http://www.thestar.com.my/metro/community/...gQ888Ex7szxE.99

WITH only two years left until the completion of phase one of the East Klang Valley Expressway (EKVE), the framework of the highway is slowly taking shape.

Despite being delayed initially by objections from environmental groups and people living close to the site, the project is 25% complete and the highway is expected to be ready by September 2019.

EKVE Sdn Bhd senior general manager Mohd Khalid Mohamed said the highway would stretch 24.1km, from Sungai Long in Kajang to Ukay Perdana in Ampang.

“Most of it is constructed over undulating terrain or elevated land.

“About 35% of the highway in Package 1 is made up of bridges to ensure less land is taken up and to minimise damage to the surrounding areas. We are just taking strips (of land) along the way, ” he said.

Package 1 stretches from Sungai Long to Sungai Michu, while Package 2 will continue to Ukay Perdana. Package 3 will comprise the upgrading of Jalan Ukay Perdana.

Mohd Khalid said the company would build retention ponds along the alignment as well as silt fences.

“This is to ensure that any surface water runoff from the highway is filtered before being discharged into the river,” he said, adding that the discharge would be minimum Class 2, as instructed by the Environment Department.

“Supplementary measures include stationing emergency response teams (ERT) in areas of high flood risk such as Sungai Michu and Sungai Sub in Hulu Langat.

“We are monitoring this area together with the Selangor Water Management Authority (Luas) and Drainage and Irrigation Department (DID) as well as other agencies.

“Sungai Michu will be lined with concrete for 400m to reduce the risk of soil erosion,” Mohd Khalid said.

This comes after Luas has identified the construction of the EKVE and other development projects as among the contributors to water shortages in several areas in Kuala Lumpur caused by the deterioration in water quality of Sungai Langat earlier this year.

Heavy rain led to silt flowing into Sungai Langat through two tributaries, namely Sungai Sub and Sungai Michu, causing increased muddiness in the river water.

Mohd Khalid said EKVE was part of the missing link for the eastern region of the Kuala Lumpur Outer Ring Road (KLORR).

“KLORR was planned much earlier as a traffic dispersal scheme.

“For KLORR to be effective, the second phase of EKVE will also have to be completed from Ukay Perdana to the International Islamic University Malaysia in Gombak.

“We have submitted an alternative alignment to the Federal Government so that the KLORR can be completed.

“The previous alignment was rejected as it would be behind the Klang Gates Dam and the Quartz Ridge,” he explained.

The RM1.55bil EKVE will be a dual carriageway with toll plazas at five interchanges, namely Sungai Long, Bandar Mahkota Cheras, Hulu Langat, Ampang and Ukay Perdana interchanges.


Commenting on the degazettement and excision of part of the forest reserve, Mohd Khalid said it was carried out in accordance with the National Forestry Act 1985 and the forest area was replaced on a one-to-one basis.

“We bought over 120ha of land between the Ulu Langat and Ampang forest reserves so that it will be a contiguous area,” he explained.

The forest reserve is part of the Selangor State Park and was gazetted in 2005 in conjunction with its Developed State status.

In February 2014, the Selangor Forestry Department degazetted 106.65ha of the Ampang Forest Reserve for the construction of EKVE.


Read more at http://www.thestar.com.my/metro/community/...gQ888Ex7szxE.99
propusers
post Jul 31 2018, 11:24 AM

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35% complete only December 2017. Can complete next year?

https://www.nst.com.my/news/nation/2017/12/...kve-site-lifted

By ALIA MIOR - December 15, 2017 @ 5:43pm
KUALA LUMPUR: The stop work order for the East Klang Valley Expressway (EKVE) site was lifted by the Department of Environment (DOE) on Dec 8.

EKVE Sdn Bhd received a stop work order under the Section 34AA(1)(b) and 34AA(2)© of the Environmental Quality Act 1974 by DOE director-general Datuk Dr Ahmad Kamarulnajuib Che Ibrahim on Oct 24.

Its senior general manager Mohd Khalid Mohamed said the stop work order was lifted with one condition, that they must stop earthworks near Kampung Felcra Semungkis, Hulu Langat, which was hit by mud floods recently.

“We only have to stop the earthworks at the area mentioned for the time being until the weather permits.

“However, our mitigation measures around those areas would still continue. This is to ensure that the areas would not be affected by any more mud floods in the future,” he told reporters at Menara AZRB here today.

He said mitigation measures to decrease the mud flow and expedite the flow of running water during heavy rainfall into the water catchments include building five culverts, which are underground sewage systems, along the EKVE and building dams to connect the clean water to Sungai Gahal.

Khalid added that they are also looking to deepen rivers at four designated areas at Kampung Felcra Semungkis and adding silt traps and sedimentation ponds at the necessary locations.

“We also had a meeting with the community living at Kampung Felcra Semungkis and have apologised to them on what has happened. I believe that it is our duty to ensure that mud floods should be avoided in the future as much as possible.

“We have also heard their views on what we could do better and I would like to stress that the local input played an important role in making our mitigation project flow better,’ he said.

He said several authorities such as the Minerals and Geoscience Department, Kajang municipal council, Malaysian Highway Authority and DOE have visited and conducted checks at the site.

Khalid also announced that the overall EKVE project is nearing 35 per cent completion with a completion date of 2019 while the earthworks will be completed in six months.

EKVE Sdn Bhd, a wholly-owned subsidiary of Ahmad Zaki Resources Bhd, is the concessionaire for the project which involves a proposed toll highway connecting Bandar Sungai Long, Kajang, and Ukay Perdana, Ampang.
propusers
post Aug 14 2018, 01:26 PM

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QUOTE(Palmwalker001 @ Aug 11 2018, 12:36 PM)
Based on.EKVE progress today at  Bkt Enggang (aka Sg Long Hill) which is 5km away from Sg Long Toll very unlikely the highway can be completed by Sept next year.

[attachmentid=9965436]

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thank you the photo from Palmwalker001.

September 2019 complete?? looks like less than 50% done only...

user posted image

user posted image




This post has been edited by propusers: Aug 14 2018, 01:32 PM
propusers
post Aug 28 2018, 08:55 AM

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QUOTE(freedom8901 @ Aug 27 2018, 09:23 PM)
I went Sg Long yesterday, near the end of Taman Desa Budiman, there's a rough road leading up to the hills. Would this probably be the road leading to EKVE?
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EKVE alignment
https://www.google.com/maps/d/u/0/viewer?dg...3685510251&z=14

propusers
post Aug 28 2018, 01:39 PM

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not sure google map is final or not...

looks like "sungai long interchange" is connecting SILK near puncak saujana

This post has been edited by propusers: Aug 28 2018, 01:41 PM
propusers
post Dec 30 2018, 10:31 PM

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Progress seem very slow... contractor target complete September 2019. Possible??




propusers
post Mar 24 2019, 10:02 PM

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QUOTE(Tonysan @ Mar 24 2019, 06:11 PM)
Hi guy, do u have any idea where is the exact location of Ampang Interchange?

I stay near by teratai and I only sae SUKE construction work.. wonder where is the Ekve construction site near by Ampang..
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should be start from the Ampang jalan bukit belacan...

http://ekveup.blogspot.com/2016/08/project...rsimpangan.html


propusers
post Mar 24 2019, 10:12 PM

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delay completion date from 9/9/2019 to 20/7/2020

RAM Ratings reaffirms AAA(bg) rating of EKVE Sdn Bhd’s sukuk
Published on 29 Jan 2019
https://www.ram.com.my/pressrelease/?prviewid=4880

RAM Ratings has reaffirmed the AAA(bg)/Stable rating of EKVE Sdn Bhd’s (EKVESB or the Company) Guaranteed Sukuk Murabahah Facility of up to RM1,000 million in Nominal Value (the Sukuk). The rating reflects irrevocable and unconditional guarantees extended by AAA-rated Maybank Islamic Berhad and Bank Pembangunan Malaysia Berhad. EKVESB is the concessionaire of the East Klang Valley Expressway (EKVE or the Project or the Expressway) – a 36.16-km closed-toll system which will start from Sungai Long in Kajang and terminate at Ukay Perdana in Ampang – under a 50-year concession agreement (CA) with the Government of Malaysia (GoM).

The construction of the EKVE continued to face delays owing to setbacks in obtaining site possession and weather-related issues. This had necessitated the submission of a third construction work programme (CWP), which was approved by the Malaysia Highway Authority (MHA) in September 2018. Simultaneously, EKVESB was granted an extension of time of 315 days, with a new completion date of 20 July 2020 (previously 9 September 2019). While the Project is expected to be completed within the RM1.55 billion budgeted cost, we have factored a six-month delay into our sensitised cashflow projections, with a 5% cost overrun. Should this occur, EKVESB’s sole shareholder, Ahmad Zaki Resources Berhad, has undertaken to cover any potential cost overruns to enable the Company to meet its financial covenants, and to assist the Company in honouring its financial obligations under the Sukuk.

Incorporating construction and traffic-related risks into our sensitivity analysis, EKVESB may need to refinance its financial obligations by 2021 in the absence of financial support from its shareholder. Excluding construction-related sensitivities, however, the Company is expected to refinance its financial obligations by 2022. While EKVE will complete the Kuala Lumpur Outer Ring Road road network and provide better connectivity for north-south traffic in eastern parts of the Klang Valley, its traffic volume will remain subdued, in our view, given high initial toll rates as well as competition from the Sungai Besi-Ulu Kelang Expressway (which is under construction) and Klang Valley Mass Rapid Transit Sungai Buloh-Kajang line.

As with most concession-related projects, the Company is exposed to regulatory and single-project risks.

This post has been edited by propusers: Mar 24 2019, 10:14 PM

 

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