Malaysia Property News is a free resource website sharing Daily Property News & information about Property in Malaysia, which related to, Property Market, Property Investment, Commercial Property , Hot Properties Malaysia, Real Estate, Retail Shop, Business Park, Condominium Malaysia, Terraces & Apartment Malaysia, Houses, Residence, Resort and many more.

Tuesday, June 16, 2009

Scomi eyes US$2.5b monorail job in Brazil

Scomi Engineering is banking on its excellent delivery time track record to win the tender for the first phase, which will open in the middle of next month.

Scomi Engineering Bhd is confident that it can win a US$2.5 billion (RM8.8 billion) job to set up a monorail system in Sao Paulo, Brazil's largest city, says president Hilmy Zaini.

The tender for the first phase, which will open in the middle of next month, is part of a 100km monorail project to be commissioned by the State of Sao Paulo in preparation for the 2014 World Cup, to be held in Brazil.

Scomi Engineering will be the systems supplier and designer of the project, while CR Almeida will work on the civil construction.

The state government has earmarked some US$10 billion (RM35.2 billion) to design monorail lines and modernise its metro lines.
The US$2.5 billion is for the first 45km of the monorail line.

"We are banking on our excellent delivery time track record to be a main attraction, because of the June 2013 deadline the Brazilian authorities have, as well as the fact that we have a very strong civil construction partner in CR Almeida," Hilmy said.

This in turn will provide numerous opportunities for implementing monorail systems in the 12 cities selected to host the games.

The city of Sao Paulo is set to host the opening match.

Scomi Engineering is hosting the Brazil Monorail Consortium delegation comprising officials from the transportation and planning departments of the city and State of Sao Paulo on a visit here since June 11.

The visit is part of a fact-finding mission. The delegation will also go to India to view Scomi's project in Mumbai in addition to visiting Japan.

The delegation will not only meet with embassies and senior management but will also stop by the Asian Oil & Gas exhibition, take a ride on the Kuala Lumpur Monorail and visit Scomi's North KL facility.

Sao Paulo Metro's director of metropolitan transport planning and expansion, Jair Felipe Molina, said it hopes to announce the winner of the tender between end-August and mid-September and have construction start by January next year.

SP Trans SP Brazil's director of transportation, Pedro Luiz de Bnida Machado, said there were also plans for another monorail line in the south zone of Sao Paulo, estimated to be worth US$4 billion (RM14 billion).

By Business Times (by Presenna Nambiar)

No comments: