-- New Pantai Expressway Sdn Bhd (“NPE”), a wholly owned subsidiary of IJM Corporation Berhad (“IJM”), today held the groundbreaking ceremony for the New Pantai Expressway Extension (“NPE 2”), officiated by YB Dato’ Sri Alexander Nanta Linggi, Minister of Works.
The project will be fully funded and implemented by NPE without requiring any additional financial allocation from the Government. As a self-financed public–private partnership (PPP) implemented under the user-pay principle, the NPE 2 project exemplifies private sector delivery of strategic infrastructure that benefits the public.
Financing for the project has been fully secured, ensuring smooth implementation through to completion.
The ceremony marks the start of the project’s construction phase, following a sequence of key approvals and agreements with the Government earlier this year. NPE received Cabinet approval for the NPE 2 in May 2025 and formalised the Supplemental Concession Agreement (SCA) with the Ministry of Works in August 2025.
The project is being implemented in close collaboration with the Ministry of Works, the Malaysian Highway Authority (LLM), and various federal, state and local agencies — including the Ministry of Finance, Kuala Lumpur City Hall (DBKL) and the Department of Environment, to ensure seamless coordination and delivery.
A strategic urban expressway to relieve congestion
The 15-km elevated NPE 2 (including directional ramps) will link the existing Pantai Dalam Toll Plaza to Jalan Istana via Jalan Syed Putra. The new link forms part of the Kuala Lumpur Traffic Master Plan 2040, enhancing highway-to-highway connectivity between the NPE, BESRAYA and the upcoming Laluan Istana-Kiara Expressway (LIKE).
It strengthens connectivity along the Pantai Dalam–Bangsar–Mahameru corridor into central Kuala Lumpur. The project is also expected to generate positive economic spillover, unlocking growth for nearby developments such as Pantai Sentral Park, Pantai Dalam and Bangsar South.
Once completed, NPE 2 is expected to divert up to 40 percent of traffic from Jalan Bangsar towards the city centre, improve Level of Service from E/F to C/D, with commuters travelling between Bangsar or Mid Valley and Subang Jaya expected to save up to 25 minutes in travel time. Preliminary site works have commenced, with completion targeted for 2029 and operations expected to begin in 2030.
The project involves only about 5 percent land acquisition, minimising impact on existing properties. Comprehensive traffic and safety management plans will be implemented throughout the construction phase to ensure safety and minimal disruption to the surrounding community.
Smart and future-ready infrastructure
The expressway is designed to support smoother and safer journeys through:
- Multi-Lane Fast Flow (MLFF) tolling for seamless transactions,
- Integrated CCTV monitoring and smart lighting with centralised control,
- A new lay-by with surau, toilets, and EV fast-charging facilities, and
- Free-flow ramps and upgraded toll plazas at Pantai Dalam and Syed Putra.
In his officiating speech, YB Dato’ Sri Alexander Nanta Linggi, Minister of Works emphasised:
“The NPE 2 project reflects the Government’s strong commitment to providing modern, sustainable, and people-centric infrastructure. It is not merely a physical development, but a symbol of our concern for the well-being of the people and our continued determination to strengthen the nation’s infrastructure system for the benefit of all.
This RM1.7 billion development is fully funded by New Pantai Expressway Sdn Bhd, demonstrating care for the people through the implementation of a high-impact project without adding any financial commitments to the Government. This approach exemplifies the success of the Public–Private Partnership (PPP) model as a key catalyst in driving inclusive, sustainable, and forward-looking strategic infrastructure development in the country.
Such efforts not only reinforce the urban infrastructure system but also support local economic growth, enhance community well-being, and accelerate the Malaysia MADANI aspiration towards balanced, sustainable, and people-focused development.”
Dato’ Lee Chun Fai, Group Chief Executive Officer and Managing Director of IJM, said:
“By easing congestion along the Pantai Dalam–Bangsar–Mahameru corridor and strengthening connections into Kuala Lumpur’s transport network, the NPE 2 Extension will make daily journeys faster and more reliable for thousands of commuters.
As a self-financed public–private partnership, this project demonstrates how the private sector can deliver public infrastructure responsibly and efficiently. It builds on our strong delivery record under the NPE concession and reflects IJM’s commitment to projects that improve everyday mobility and benefit communities.”
—End—
About the New Pantai Expressway (NPE)
The New Pantai Expressway (NPE) is a 19.6 km dual carriageway developed by New Pantai Expressway Sdn Bhd, a subsidiary of IJM Corporation Berhad. It serves as a vital link between Subang Jaya and Kuala Lumpur, easing traffic congestion along key urban corridors.
The NPE features three toll plazas—Pantai Dalam (East, West, and North), PJS 2, and PJS 5—with a total of 44 lanes to support efficient toll collection and smoother traffic flow.
The NPE is equipped with modern infrastructure including Variable Message Signage (VMS), CCTV, a Traffic Control & Surveillance Centre (TCSC), Electronic Toll Collection (ETC), lay-bys, motorcycle shelters, smart street lighting, and a Smart Highway System powered by Artificial Intelligence (AI), making it one of Malaysia’s most advanced highways.
About IJM Corporation Berhad
IJM Corporation Berhad (“IJM”), formed in 1983, today ranks as one of Malaysia’s leading conglomerates with an international footprint forged by its four core businesses: construction, property development, industry (quarrying and the manufacture of building materials) and infrastructure concessions. IJM holds leading positions across all its business divisions. Its growth is the direct result of strong leadership, dedicated employees, financial prudence and commitment to good governance and quality.
The Group presently has a market capitalisation of around RM8.79 billion and as of June 2025, the Group employed around 3,600 employees and had total assets of RM22.3 billion.
For more information, visit www.ijm.com
For media enquiries, please contact:
Ms. Mandy Chen, Corporate Communications, at [email protected] or + 60 12 607 6121
Mr. Shane Guha Thakurta, Investor Relations, at [email protected] or + 60 3 7985 8041
Release ID: 89175804
Google
RSS