PETALING JAYA: Local integrated rolling stock and rail services company, Hartasuma Sdn Bhd and Metro Pacific Investments Corp (MPIC) of the Philippines have a collaboration agreement to explore opportunities in the Philippine railway engineering and maintenance market.
The parties will look to participate in projects with an indicative investment value of RM250mil, a statement released yesterday noted. MPIC, which is listed on the Philippines stock exchange, is an infrastructure holding company with a diverse investment portfolio in various sectors across the Philippines and South-East Asia.
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