BALFOUR Beatty Rail, in a joint venture with Ansaldo STS, has won a £300 million contract in Malaysia.
The contract is for the implementation of a rail systems package for the Ipoh-to-Padang Besar double-tracking project.
The scheme is part of a large railway investment by the Malaysian government to create a modern railway connection between Kuala Lumpur and the Thai border, with the long-term objective of establishing a Pan-Asian link connecting Singapore to China, Balfour Beatty said.
BB Rail — which will be involved in the design, supply and installation of electrification and power supply — says it will earn around £160 million from the deal. The project is for 54 months, and scheduled for completion in January 2013.
Malaysia’s ‘The Edge Daily’ newspaper said the award of the contract to Balfour Beatty and Ansaldo meant that the joint venture had beaten other notable international players, including German-based Siemens AG, France's Alstom and Westinghouse Rail Systems Ltd, reported.
"We are delighted to continue our co-operation with the development of a modern, high-speed rail network in South-East Asia," said Balfour chief executive Ian Tyler.
"Balfour Beatty Rail has played an integral part in the development of the Malaysian rail network and this award is confirmation of continued customer confidence in our ability to implement complex rail systems on a large scale," he added.
Balfour Beatty joint venture wins £300m Malaysia rail contract
8th July 2008
