By Sharen Kaur
sharen@nstp.com.my
Published in NST on November 16, 2012
SCOMI Engineering Bhd expects to submit its bid for a RM5 billion monorail project in Chennai, the capital city of Tamil Nadu by mid-2013.
"We are preparing the tender documents for the project. We hope to submit the bid by March or June," said its president (rail) Suhaimi Yaacob.
If the group gets the job, it would be its second major monorail project in India.
In November 2008, Scomi and consortium partner Larsen & Toubro secured a RM1.85 billion monorail project in the financial district of Mumbai.
Scomi's portion of the job is worth RM785 million. Phase 1 of the project is expected to be completed by mid-2013, and Phase 2, six months later.
In Bangalore, Scomi has a joint bidding agreement with Geodesic Techniques Pvt Ltd to bid for a 59km monorail line.
Suhaimi told Business Times during a visit to the group's monorail plant in Rawang Wednesday that it is also planning to bid for two monorail projects that are coming up in Maharashtra in Mumbai.
Besides Chennai and Mumbai, Scomi is eyeing monorail projects in other states in India like Delhi, he said.
In Delhi alone, the Union Urban Development Ministry has asked the government to build 13 to 14 separate monorail lines across the capital city.
"The market for monorail development in India is estimated to be worth US$15 billion (RM45.9 billion) over the next five years. We hope to get a large share of the pie," Suhaimi said.
Scomi is currently one of four integrated suppliers of monorail systems in the world. The others are Canada's Bombardier Inc, Japan's Hitachi and new player, Chongqing of China.
Following the award of the Mumbai monorail project, Scomi has became a well-recognised brand in India and in other parts of the world.
The group's monorail system is high in demand worldwide. The system enables smooth ride quality, energy efficiency, lower operating costs, environmentally friendly transportation needs and futuristic designs.
In 2011, Scomi won a monorail project each in Sao Paulo and Manaus, Brazil, worth a combined RM5.2 billion. The two joint-venture projects are expected to be completed by end-2014 and mid-2015.
Scomi's operation in India also serves Bangladesh and Sri Lanka whose governments have master plans for monorail projects, worth several billions of ringgit.
sharen@nstp.com.my
Published in NST on November 16, 2012
MID-2013 BID: Company in midst of preparing tender documents
"We are preparing the tender documents for the project. We hope to submit the bid by March or June," said its president (rail) Suhaimi Yaacob.
If the group gets the job, it would be its second major monorail project in India.
In November 2008, Scomi and consortium partner Larsen & Toubro secured a RM1.85 billion monorail project in the financial district of Mumbai.
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In Bangalore, Scomi has a joint bidding agreement with Geodesic Techniques Pvt Ltd to bid for a 59km monorail line.
Suhaimi told Business Times during a visit to the group's monorail plant in Rawang Wednesday that it is also planning to bid for two monorail projects that are coming up in Maharashtra in Mumbai.
Besides Chennai and Mumbai, Scomi is eyeing monorail projects in other states in India like Delhi, he said.
In Delhi alone, the Union Urban Development Ministry has asked the government to build 13 to 14 separate monorail lines across the capital city.
"The market for monorail development in India is estimated to be worth US$15 billion (RM45.9 billion) over the next five years. We hope to get a large share of the pie," Suhaimi said.
Scomi is currently one of four integrated suppliers of monorail systems in the world. The others are Canada's Bombardier Inc, Japan's Hitachi and new player, Chongqing of China.
Following the award of the Mumbai monorail project, Scomi has became a well-recognised brand in India and in other parts of the world.
The group's monorail system is high in demand worldwide. The system enables smooth ride quality, energy efficiency, lower operating costs, environmentally friendly transportation needs and futuristic designs.
In 2011, Scomi won a monorail project each in Sao Paulo and Manaus, Brazil, worth a combined RM5.2 billion. The two joint-venture projects are expected to be completed by end-2014 and mid-2015.
Scomi's operation in India also serves Bangladesh and Sri Lanka whose governments have master plans for monorail projects, worth several billions of ringgit.
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