CIDB inks six deals with Indian industry partners

KUALA LUMPUR: The Construction Industry Development Board Malaysia’s (CIDB) wholly owned unit, CIDB Holdings Sdn Bhd (CIDBH) signed six memorandums of understanding (MoUs) with Indian industry partners yesterday on sharing of expertise in infrastructure development in India.
In a statement, CIDB said the deals involved railway, expressway, housing, water technology sectors and other infrastructure projects.
“The first MoU was signed with Ircon International Ltd. It aims to promote and facilitate the formation of joint-venture companies on railway infrastructure projects and redevelopment of railway stations,” it said.
Two MoUs were signed with National Buildings Construction Corp Ltd and MEP Infrastructure Developers Ltd, respectively, on highway and expressways development projects in India.
Another deal was inked with Jaiprakash Associates Ltd on the development of large infrastructure projects such as highways, expressways, dams, tunnels, urban transport and smart cities.
CIDBH also partnered with NSL Infratech Pvt Ltd on housing projects in India.
“An MoU was inked with VA Tech Wabag Ltd on the collaboration of joint projects on reseach and development, as well as innovation in sustainable water and wastewater’s management and technologies,” it said.
Prime Minister Datuk Seri Najib Abdul Razak, who is on an official visit to India, witnessed the signing. – Bernama