PETALING JAYA: Hartasuma Sdn Bhd will build and operate a cable car system through a RM250mil investment via a public-private partnership (PPP) initiative with the Penang state government.
The project, which entails the design, build, finance, operate and transfer (DBFOT) for the Penang Cable Car in Penang Hill, is expected to take three years to complete and be operational.
Hartasuma, a leading integrated rolling stock and rail services company, said in a statement it will own the tourist attraction concession over the next 30 years and will be responsible for the DBFOT throughout the period.
The contract win comes as the state government invited for request for proposal to solicit the best proposal for the Penang Hill cable car service on Jan 13, 2021, and was later extended to Nov 30, 2022 due to the Covid-19 pandemic.
Hartasuma will partner with Austria-based Dopplemayr Group on the project. Dopplemayr is a global market leader in the manufacture of ropeways and people movers, having built about 15,100 installations for customers in 96 nations.
The cable car system will have a capacity of 1,000 passengers per hour at a speed of six meters per second, using 43 gondola cabins.
There will be 15 towers along the line and the journey from lower to upper station will take 10 minutes.
