Malaysia has shortlisted five companies including China’s Sinohydro Group Ltd and Korea’s SK Holdings Co Ltd to bid for a RM7 billion tunnelling project for a railway line, a financial newspaper said on Friday.
A joint-venture between Malaysian construction groups Gamuda Bhd and MMC Corp Bhd has also been shortlisted along with two other unidentified companies from Japan and China, The Edge added citing unidentified sources.
Gamuda-MMC was awarded the management role of the project last December.
The tunnelling project is part of a US$11.5 billion mass rapid transit development — Malaysia’s single largest infrastructure job to date — which aims to alleviate traffic congestion in the nation’s capital.
A Gamuda spokesman had no immediate comment on the report while MMC could not be reached. -- Bloomberg
A joint-venture between Malaysian construction groups Gamuda Bhd and MMC Corp Bhd has also been shortlisted along with two other unidentified companies from Japan and China, The Edge added citing unidentified sources.
Gamuda-MMC was awarded the management role of the project last December.
The tunnelling project is part of a US$11.5 billion mass rapid transit development — Malaysia’s single largest infrastructure job to date — which aims to alleviate traffic congestion in the nation’s capital.
A Gamuda spokesman had no immediate comment on the report while MMC could not be reached. -- Bloomberg
