00:01Nilex Malaysia Berhad has received a letter of intent from the federal government through the Public-Private Partnership Unit, UKAS,
00:09for a proposed rail system project in the Iskandar-Malaysia Economic Corridor in Johor.
00:15Nilex's parent company, Ancom Nilex Berhad, announced in a burst filing today that the LOI, dated May 5, grants approval
00:24in principle to a consortium comprising Dom Industries Sundan Berhad, MMC Engineering Sundan Berhad, BTS Group Holdings PCL, and Nilex
00:33to undertake the project.
00:34It is understood that Dom Industries' nature of business includes railway and IT, while MMC Engineering is engaged in specialized
00:43engineering and construction works.
00:46Thailand-based BTS Group Holdings engages in mass transportation, marketing, and other businesses, while Nilex is involved in property development
00:55and investment in real estate assets.
00:58Ancom said the project involves a medium-capacity rail system to be developed under a public-private partnership model with
01:07the consortium to negotiate terms and conditions with the government before definitive agreements are finalized and executed.
01:14The project is estimated to cost nearly RM7 billion.
01:18Transport consultant Rosli Khan had questioned the role played by UCAS in the Johor Bahru rapid transit project, saying it
01:26was unclear who was providing the technical advice and expertise.
01:30He also questioned whether transport agencies such as MRT Corp or Prasarana were involved, especially as the proposal appeared to
01:39have shifted from an elevated autonomous rapid transit system to an automated people mover system.
01:45He said this also raised a broader question over whether the project was government-led planning or proposal-led planning
01:52and whether there had been a full study of alternatives before one system emerged as the front-runner.
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