By Sharen Kaur
sharen@nstp.com.my
Published in NST on November 28 2011
COLAS Rail and its local partner CMC Engineering Sdn Bhd plan to bid for new railway contracts under the Economic Transformation Programme (ETP).
They have bid for the electro-mechanical (E&M) system works of the Ampang light rail transit (LRT) extension line, said Colas chairman and chief executive officer Patrick Guenole, who expressed hope that they would win the job.
"We plan to bring London's Docklands Light Railway (DLR) to Kuala Lumpur. The DLR is similar to the LRT so there will be transfer of European technology. It will be good for Malaysia ... good for competition," he said in a recent interview with Business Times.
Colas and CMC, founded by Datuk Abdul Rahman Yusof, formerly general manager of Sapura's Uniphone business, are currently partners for the RM674 million contract for E&M system for the Kelana Jaya LRT extension line. They won the contract in June, beating rivals Hartasuma-Bombardier and Ingress-Balfour Beatty.
The government and Syarikat Prasarana Negara Bhd were in favour of Colas, a leader in the UK and French railway construction market, because of its railway expertise.
Colas, which has a yearly turnover of about ?12 billion (RM51 billion), is a major European player in design and engineering of large-scale complex railway infrastructure projects.
"We came to Malaysia by chance and see many opportunities for growth here. We have set up a company in Malaysia and will use it as a platform to build our business here, as well as in Indonesia, Singapore, Thailand and Vietnam.
"We aim to be a long-term in Malaysia. We are attracted to the positive gross domestic product projection and regulatory environment.
"This is good for foreign investors like us," he said.
For the E&M contract for the Ampang Jaya line, Business Times had reported that it attracted eight bidders.
Besides CMC-Colas, the other bidders are Scomi Engineering Bhd-Siemens AG, Hartasuma-Bombardier-SNC Lavalin, Ingress-Invensys Rail Systems-Balfour Beatty, Leighton Emrail Sdn Bhd-Ansaldo STS, George Kent (M) Bhd-Thales and two Korean consortiums, each led by Samsung Engineering and Posco.
Their bids range between RM1.3 billion and RM1.5 billion.
The government is expected to award the contract early next year.
sharen@nstp.com.my
Published in NST on November 28 2011
COLAS Rail and its local partner CMC Engineering Sdn Bhd plan to bid for new railway contracts under the Economic Transformation Programme (ETP).
They have bid for the electro-mechanical (E&M) system works of the Ampang light rail transit (LRT) extension line, said Colas chairman and chief executive officer Patrick Guenole, who expressed hope that they would win the job.
"We plan to bring London's Docklands Light Railway (DLR) to Kuala Lumpur. The DLR is similar to the LRT so there will be transfer of European technology. It will be good for Malaysia ... good for competition," he said in a recent interview with Business Times.
Colas and CMC, founded by Datuk Abdul Rahman Yusof, formerly general manager of Sapura's Uniphone business, are currently partners for the RM674 million contract for E&M system for the Kelana Jaya LRT extension line. They won the contract in June, beating rivals Hartasuma-Bombardier and Ingress-Balfour Beatty.
The government and Syarikat Prasarana Negara Bhd were in favour of Colas, a leader in the UK and French railway construction market, because of its railway expertise.
Colas, which has a yearly turnover of about ?12 billion (RM51 billion), is a major European player in design and engineering of large-scale complex railway infrastructure projects.
"We came to Malaysia by chance and see many opportunities for growth here. We have set up a company in Malaysia and will use it as a platform to build our business here, as well as in Indonesia, Singapore, Thailand and Vietnam.
"We aim to be a long-term in Malaysia. We are attracted to the positive gross domestic product projection and regulatory environment.
"This is good for foreign investors like us," he said.
For the E&M contract for the Ampang Jaya line, Business Times had reported that it attracted eight bidders.
Besides CMC-Colas, the other bidders are Scomi Engineering Bhd-Siemens AG, Hartasuma-Bombardier-SNC Lavalin, Ingress-Invensys Rail Systems-Balfour Beatty, Leighton Emrail Sdn Bhd-Ansaldo STS, George Kent (M) Bhd-Thales and two Korean consortiums, each led by Samsung Engineering and Posco.
Their bids range between RM1.3 billion and RM1.5 billion.
The government is expected to award the contract early next year.
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