Berjaya Rail joins Malaysia Rail Industry Corp as new member


Berjaya Land group CEO Syed Ali Shahul Hameed. — GLENN GUAN/The Star

KUALA LUMPUR: Berjaya Rail Sdn Bhd (Berjaya Rail), which is eyeing the Kuala Lumpur-Singapore high-speed rail (KL-SG HSR) project, has joined the Malaysia Rail Industry Corporation (MARIC) as a new member.

Berjaya Rail, a subsidiary of Berjaya Land Bhd, has expanded its core business to include transport and is currently actively participating in the Request for Information (RFI) issued by MyHSR Corporation Sdn Bhd for the KL-SG HSR project.

Berjaya Land is a subsidiary of Berjaya Corporation Bhd.

In a statement today, Berjaya Corporation said both MARIC and Berjaya Rail will work together to drive the advancements in the rail industry, aligning with the national vision of becoming a leading rail hub in the region.

Berjaya Land group chief executive officer and Berjaya Rail board member Syed Ali Shahul Hameed said Berjaya Rail is committed to working closely with stakeholders such as MARIC to enhance and develop local rail industry capabilities.

"This is to create a robust ecosystem where local companies can thrive and compete on a global scale, especially in the (HSR) related field,” he said.

Meanwhile, MARIC president Datuk Mohd Yusoff Sulaiman said MARIC has always been at the forefront of driving initiatives that strengthen the local rail industry.

"The inclusion of Berjaya Rail into our network underscores our commitment to fostering a collaborative environment that benefits all stakeholders,” he added.

MARIC consists of 50 key rail companies, with the objective of establishing credible local companies that collaborate with the government in building a railway network while keeping the lines operational, safe, and sustainable. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

US first-quarter GDP growth revised lower to 1.6% pace
US weekly jobless claims increase marginally amid low layoffs
MM Computer Systems IPO oversubscribed 42.12 times ahead of ACE Market listing
YTL Corp 3Q net profit falls to RM326mil, revenue rises to RM7.57bil
Malakoff cautiously optimistic on prospects
IJM eyes improved FY27 performance supported by RM14.7bil order book
BCorp's net loss widens to RM176.23mil in 3Q26
IOI Properties' profits more than tripled for 3Q26, reiterates optimistic outlook
MBSB to stay focused on FLIGHT26 strategy
Hong Leong Bank expands Duitsmart financial literacy programme to 27 Segambut schools

Others Also Read