KUALA LUMPUR: Berjaya Land Bhd's rail division, Berjaya Rail Sdn Bhd, is positioning itself to improve and develop the local rail industry, with an emphasis on the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project.
BLand group chief executive officer and Berjaya Rail board member Syed Ali Shahul Hameed highlighted the company's dedication to collaborating with stakeholders such as the Malaysia Rail Industry Corporation (MARIC).
He said that the company aims to create a robust ecosystem where local companies can thrive and compete globally, particularly in the HSR sector.
"By joining MARIC, we aim to collaborate closely with industry leaders, experts, and stakeholders to drive forward initiatives that will enhance local capabilities, promote technology transfer, and contribute to the overall development of Malaysia's rail industry," he told Business Times.
Meanwhile in a statement, Berjaya Corporation Bhd, BLand's parent company, said that MARIC and Berjaya Rail will work together to drive advancements in the rail industry, aligning with the national vision of becoming a leading regional rail hub.
Berjaya Rail has expanded its business to include transport and is actively participating in the Request for Information (RFI) issued by MyHSR Corporation Sdn Bhd for the KL-SG HSR project.
The company has teamed up with IJM Corp Bhd's IJM Construction Sdn Bhd, Malaysian Resources Corp Bhd (MRCB), and national railway company Keretapi Tanah Melayu Bhd (KTMB) to bid for the bullet train project.
The consortium's technical partners reportedly include Japan's Hitachi Rail STS for signalling systems, South Korea's Hyundai Rotem Co. for rolling stock manufacturing, and DB Engineering & Consulting GmbH, a unit of German rail operator Deutsche Bahn AG.
MARIC president Datuk Mohd Yusoff Sulaiman said that Berjaya Rail's inclusion in its network reflects the corporation's commitment to fostering a collaborative environment that benefits all stakeholders.
The corporation consists of 50 key rail companies dedicated to establishing credible local firms that collaborate with the government to build and maintain a safe, sustainable railway network.