BPMB, UOB, CCB to finance autonomous rapid transit in Kuching

From left: Chelsea Ma Yan, deputy managing director of CCB Malaysia; Ng Wei Wei, CEO of UOB Malaysia; Mazli Mustaffa, CEO of Sarawak Metro; Tan Sri Datuk Amar Haji Abdul Aziz Datuk Haji Husain, chairman of SEDC and Sarawak Metro; Roni Abdulwahab, group CEO of Bank Pembangunan Malaysia; and Chan Chee Kian, CEO of EPR Mobilus GR JV

KUALA LUMPUR: Bank Pembangunan Malaysia Bhd (BPMB), UOB Malaysia and China Construction Bank (Malaysia) Bhd (CCB Malaysia) have announced a syndication programme to extend financing facilities to EPR Mobilus GR JV Sdn Bhd (EMGJV).

In a joint statement, the parties said EMGJV is the contractor appointed by Sarawak Metro Sdn Bhd, a unit of Sarawak Economic Development Corp, to develop Southeast Asia’s first hydrogen-powered, autonomous rapid transit (ART) in Kuching.