Ingress Corp Bhd's 49% associate company, Balfour Beatty Rail Sdn Bhd (BBRail), in a joint venture with Ansaldo STS Malaysia Sdn Bhd, has been awarded a RM1bil contract by MMC-Gamuda Joint Venture Sdn Bhd.
The contract was for the implementation of the rail systems package for the Ipoh-to-Padang Besar double-tracking project.
BBRail would be involved in the design, supply and installations of electrification and power supply. The project was for 54 months and was scheduled for completion in January 2013.
The project was expected to contribute significantly to the earnings of the group.
Friday, July 18, 2008
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