The聽 contract award聽 is聽 valued聽 at聽 R$1.4bn聽 (拢539m) and is expected to be completed in 42 months.
The consortium is made up of Malaysia鈥檚 Scomi Engineering and Brazil鈥檚 Andrade Gutierrez and CR Almeida and its contract covers the design work,聽 manufacture,聽 supply聽 and聽 implementation of聽 the聽 monorail system for S茫o Paulo鈥檚 monorail Line 17. The line will have 18 stations.
The聽 international聽 tender聽 and聽 qualification聽 process聽 was聽 carried聽 out聽 by聽 the聽 S茫o聽 Paulo聽 Metro. Work on the project is expected to start next month July 2011.
Scomi group chief executive officer Shah Hakim Zain said: 鈥淕iven the scale and scope of this major infrastructure project, having successfully awarded the Line 17 Monorail project is indeed an important milestone for Scomi. This is a reflection of the confidence in the Group鈥檚 capabilities as well as its track record in managing sizeable and multi-faceted urban聽transportation endeavours on an international scale.
鈥淭he achievement also underlines the strength and depth of our consortium partners. The AG Group and聽CR Almeida聽 are聽 both聽 well-established and highly-proven construction brands not only in Brazil but in South America. Their credentials in the region and technical skills-set will聽be invaluable in the success of this undertaking.鈥�
The Brazilian market holds enormous potential, he added. 鈥淲e are committed to leverage on our expertise as a turnkey specialist聽 of聽 rail聽 systems and to ensure that we take full聽advantage of the opportunities in urban transportation projects in Brazil and other parts of the world,鈥� he said.
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