OCBC Bank to part-finance LRT contract


  • Business
  • Wednesday, 14 Feb 2007

PETALING JAYA: OCBC Bank (M) Bhd has been appointed to part-finance the local contractor of a RM1.2bil contract for the design, manufacture, supply, testing and commissioning of 140 additional units of light rail vehicles for the Kelana Jaya Line LRT (Light Rail Transit). 

In a statement yesterday, the bank said the upgrading exercise would involve a four-year contract for the Bombardier-Hartasuma Consortium (comprising Bombardier (M) Sdn Bhd and Hartasuma Sdn Bhd) to supply and commission additional four-car trains, as opposed to the current two-car trains for the Kelana Jaya Line LRT. 

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