Sepang, 18 Nov 2025 – Technology Depository Agency Berhad (TDA) has officially handed over 64 completed Light Rail Transit Line 3 (LRT3) Industrial Collaboration Programme (ICP) projects worth RM11.37 billion to Prasarana Malaysia Berhad.
TDA, an agency under the Ministry of Finance, oversees and manages the implementation of ICP in government procurement.
The LRT3 project, awarded to Setia Utama LRT3 Sdn Bhd, a wholly owned subsidiary of Malaysian Resources Corporation Berhad, required the company to implement 64 key ICP initiatives alongside the railway construction from 2019 to November 2025.
The projects were delivered across five key sectors in line with Malaysia’s economic priorities; services, manufacturing, construction, agriculture, and green mobility.
Covering Chief Executive Officer of TDA Mohammad Rafidi Mat Dahan said this marks the successful completion of one of Malaysia’s largest ICP initiatives.
“It demonstrates how strategic government-linked projects can drive technology transfer, enhance local capabilities, and support sustainable economic growth. This achievement has enhanced skills, strengthened industries, and created long-term national value.”
“It sets a new benchmark for future government-linked projects,” he added.
The handover ceremony at Transport Expo Asia (TXA) 2025, held during the three-day event from 11–13 Nov 2025, was officiated by YBhg Datuk Hajah Norison Ramli, Under Secretary, Government Procurement Division.
Of these, 47 projects enhanced Prasarana’s operational efficiency, digital systems, and workforce capabilities, while 17 community and industry focused initiatives empowered SMEs, universities, and local vendors through technology adoption and sustainability programmes.
Building on these achievements, TDA has played a pivotal role in linking government, industry, and academia to ensure each ICP project delivers tangible outcomes in technology localisation, skills development, and market access, Mohammad Rafidi said.
The LRT3 ICP Programme reinforces Malaysia’s position as a leader in strategic industrial collaboration, providing a sustainable model for innovation, localisation, and national economic growth.
