MECOMB Malaysia Sdn Bhd and its Canadian transportation systems partner Delcan International Corp will be bidding for five to 10 projects worth about RM50mil to supply intelligent transportation systems for the country's highway projects over the next two to three years.
We now have 40% share of the local market, having supplied the systems to Ampang-Kuala Lumpur Elevated Highway worth RM6mil in 2001 and a RM7mil system for the New North Klang Straits Bypass Expressway in 2002, Mecomb director Jafar Carrim said after the signing of a memorandum of cooperation between Mecomb and Delcan in Kuala Lumpur yesterday.
The signing would pave the way for collaboration in the submission of bids on highway traffic control and surveillance systems in the Asean region, Hong Kong and China.
Jafar said with the rapid urbanisation and population growth, the region offered huge market for total system integration solutions.
There is serious need to look into a complete and intelligent system to decongest the roads and highways and ensure a higher quality of life for the people, especially in many Asian capitals. Our first overseas target will be Thailand, followed by Indonesia, he said.