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Malay Chamber eyeing RM10 billion Gemas-JB railwayproject

Posted on: April 19, 2009


Bernama – Wednesday, April 15

KUALA LUMPUR, April 14 (Bernama) — The Malay Chamber of Commerce Malaysia is keen to be the main contractor for the Gemas-Johor Baharu double-track railway line project, president Syed Ali Alattas said today.

He hoped the government would soon call for tender for the RM10 billion project.

“We are waiting for an opportunity from the government to develop the project,” he told a media briefing.

Syed Ali said the chamber intends to develop the project under the Private Finance Initiative.

For the purpose, Yayasan DPMM subsidiary, Master Vendor Corporation Sdn Bhd, signed a memorandum of understanding with China Railway Construction Corporation Ltd four months ago.

— MORE

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