By Sharen Kaur
Published in NST on January 14, 2013
FANTASTIC PROSPECTS: Group hopes to clinch one third of US$45b worth of new projects in Asia, South America
In Bangkok, the government plans to tender the Pink Line (east west line) involving 35km, and valued at about RM4 billion.
"In Brazil, there is another line in Sao Paulo, involving 15km that will be on tender next year. The project is worth about RM2 billion. The work that we are eyeing is valued about RM400 million as the rest will be localised there," he said.
In the last four years Scomi won three of the seven monorail projects tendered worldwide. With its Indian partner Larsen and Toubro Ltd, it won the Mumbai monorail project in 2008. Last year, it won two jobs in Brazil worth a combined RM5.6 billion.
"We would like to see ourselves going into heavier rail. This includes long distance railway, bullet train and intercity. We plan to also establish Scomi in the mass rapid transit (MRT) project," Kanesan said.
For the proposed high-speed rail (HSR), Kanesan said Scomi plans to participate in the project by way of transfer of technology.
Scomi is in the business of providing buses, special purpose vehicles and monorail coaches, and currently also offers support services for the light rail transit line.
The group has an engineering, technology and innovation plant in Rawang, sprawled over six hectares, which is capable of producing around 500 monorail cars a year.
The plant, which has a test track facility, is currently manufacturing 12 sets of four-car Generation 2-type trains for the KL Monorail fleet expansion, in addition to monorail cars for the project in India.
"We are focusing on technology, research and development using the strength of our human capital. We are extending our services to do maintenance, refurbishment and overhaul of trains, and project management, as a form of recurring income," he said.
Published in NST on January 14, 2013
FANTASTIC PROSPECTS: Group hopes to clinch one third of US$45b worth of new projects in Asia, South America
SCOMI Engineering Bhd aims to secure one third of the US$45 billion (RM137.2 billion) worth of new monorail projects that will be implemented in Asia and South America over the next five years.
"There are three major monorail providers worldwide. If you divide the amount equally, each would get more than US$10 billion worth of jobs. The prospects going forward is going to be fantastic," Scomi group chief operating officer of transport solutions Kanesan Veluppillai told Business Times in an interview.
In India, the value of new monorail projects is around US$25 billion and US$15 billion in Brazil. Pipeline monorail projects in Taiwan, Indonesia and Thailand make up about US$10 billion, Kanesan said.
Kanesan said the Indonesian government plans to tender three new monorail lines in Jakarta next year, worth RM3 billion to RM4 billion.
"There are three major monorail providers worldwide. If you divide the amount equally, each would get more than US$10 billion worth of jobs. The prospects going forward is going to be fantastic," Scomi group chief operating officer of transport solutions Kanesan Veluppillai told Business Times in an interview.
In India, the value of new monorail projects is around US$25 billion and US$15 billion in Brazil. Pipeline monorail projects in Taiwan, Indonesia and Thailand make up about US$10 billion, Kanesan said.
Kanesan said the Indonesian government plans to tender three new monorail lines in Jakarta next year, worth RM3 billion to RM4 billion.
In Bangkok, the government plans to tender the Pink Line (east west line) involving 35km, and valued at about RM4 billion.
"In Brazil, there is another line in Sao Paulo, involving 15km that will be on tender next year. The project is worth about RM2 billion. The work that we are eyeing is valued about RM400 million as the rest will be localised there," he said.
In the last four years Scomi won three of the seven monorail projects tendered worldwide. With its Indian partner Larsen and Toubro Ltd, it won the Mumbai monorail project in 2008. Last year, it won two jobs in Brazil worth a combined RM5.6 billion.
"We would like to see ourselves going into heavier rail. This includes long distance railway, bullet train and intercity. We plan to also establish Scomi in the mass rapid transit (MRT) project," Kanesan said.
For the proposed high-speed rail (HSR), Kanesan said Scomi plans to participate in the project by way of transfer of technology.
Scomi is in the business of providing buses, special purpose vehicles and monorail coaches, and currently also offers support services for the light rail transit line.
The group has an engineering, technology and innovation plant in Rawang, sprawled over six hectares, which is capable of producing around 500 monorail cars a year.
The plant, which has a test track facility, is currently manufacturing 12 sets of four-car Generation 2-type trains for the KL Monorail fleet expansion, in addition to monorail cars for the project in India.
"We are focusing on technology, research and development using the strength of our human capital. We are extending our services to do maintenance, refurbishment and overhaul of trains, and project management, as a form of recurring income," he said.
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