MMC-Japan JV eyes high speed rail project


Datuk Seri Che Khalib Mohamad Noh

KUALA LUMPUR: MMC Corp Bhd is working with a Japanese consortium to provide mechanical and engineering solutions for the High Speed Rail (HSR) project that the group is bidding for, said its group managing director Datuk Seri Che Khalib Mohamad Noh.

“We are working together for the Japanese solutions on the systems part of the project and are actively looking for the asset company.

“The government is also exploring the possibility of having a project delivery partner (PDP) for the HSR project.

“Our MRT project is a proven case where PDP works, in terms of ensuring that the project is completed on time and within budget,” he said at the sidelines of Invest Malaysia today.
MMC’s construction segment remains robust, with its MRT 2 project in hand.

Che Khalib added that he hopes the group can also secure the MRT 3 project, which will then keep the group busy for the next 10 years.

MMC’s construction orderbook amounts to an estimated RM15bil, to date.

Meanwhile, the group is looking to list its port unit at end-2018 or early 2019. 

However, Che Khalid said there was “no urgency” for the group to list its port unit now. 

“Going forward, we have to look at port expansion, of which we will need more funds.

“We are also looking at the tariff revision with the government, so let us settle all these issues first,” he said.

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