George Kent, China partner bag RM1b MRT work package

25 Aug 2016 / 05:38 H.

    PETALING JAYA: Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has awarded a RM1.01 billion MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line) work package to a consortium of China Communications Construction Co Ltd (CCCC) and George Kent (Malaysia) Sdn Bhd.
    In a statement yesterday, MRT Corp said the work package is for engineering, procurement, construction, testing and commissioning of track works, maintenance vehicles and work trains.
    CCCC and George Kent hold 51% stake and 49% in the joint venture respectively.
    MRT Corp CEO Datuk Seri Shahril Mokhtar said this work package is one of the major ones for the SSP Line.
    "CCCC comes with very good technical know-how having handled many infrastructure projects, including railway construction. Its joint venture with Malaysian company George Kent, which now has a strong presence in the railway industry in Malaysia, allows the MRT project to benefit from the experience of these two very strong companies," he noted.
    CCCC-George Kent, which beat six other tenderers, fared very well in the technical portion of the evaluation.
    "The successful tenderer is selected on the basis of the best evaluated tender, which means the successful tenderer may not have quoted the lowest price. However, for this work package, I'm pleased to announce that the successful tenderer had quoted the lowest price," Shahril said.
    MRT Corp has now awarded a total of 22 work packages for the SSP Line.

    sentifi.com

    thesundaily_my Sentifi Top 10 talked about stocks