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Wednesday, June 15, 2011

MRCB poised to clinch RM800m LRT contract

KUALA LUMPUR: Malaysian Resources Corp Bhd (MRCB) is poised to secure soon a contract worth as much as RM800 million from Syarikat Prasarana Negara Bhd, people familiar with the matter said yesterday.

The contract is for civil works for phase two of the Ampang light rail transit (LRT) extension line linking Putra Heights to Shah Alam, Selangor.

Other parties which had tendered for the job include Sunway Holdings Bhd.

Prasarana, a unit of the Ministry of Finance Inc, is the asset-owner and operator of the Ampang and Kelana Jaya LRT lines.

It is further understood that Prasarana will award a similar contract to TRC Synergies Bhd for phase two of the Kelana Jaya LRT extension, also linking Putra Heights to Shah Alam.

In addition to that, Prasarana will also award by this week a RM850 million contract to a consortium comprising Hartasuma Sdn Bhd, Bombardier Inc and SNC Lavalin.

The contract is for the electro-mechanical (E&M) system for the Kelana Jaya LRT extension.

The consortium has edged out CMC Engineering Sdn Bhd-Colas and Ingress Corp Bhd-Balfour Beatty Rail Sdn Bhd to secure the contract.

It is learnt that CMC-Colas and Ingress-Balfour Beatty had submitted a bid worth RM750 million and RM650 million, respectively but did not meet the technical requirements.

This are the first LRT-related contracts Prasarana is farming out this year. Last November, Prasarana gave out two civil contracts worth as much as RM1.6 billion of the RM7 billion Kelana Jaya and Ampang LRT extension project.

It had appointed TRC as the main contractor for phase one of the 17km extension of the Kelana Jaya Line from Kelana Jaya to Putra Heights. The contract value is RM950 million.

It had also appointed Bina Puri-Tim Sekata JV as the main contractor to implement the first phase of the 17.7km extension for the Ampang LRT line between Sri Petaling to Putra Heights. The contract value is RM634.64 million.

By Business Times

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