Thursday, 18 July 2013

Scomi Eng to bid for RM5b projects in India?

Scomi Engineering is preparing to bid for two monorail projects in India, worth a combined RM5bn, say people with first-hand knowledge on the matter. The projects in Kerala and New Delhi involve a total of 33km of rail lines. The elevated mass rapid transport system in Kerala will run 22.2km from Technocity to Karamana in Thiruvananthapuram, while the Delhi Metro line will stretch 11km, linking Shastri Park to Trilokpuri. ources said Scomi is expected to submit its bid for the projects within the next three months. (BT)

Source: CIMB Daybreak - 18 July 2013

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