Monday, August 1, 2011

Finally, Scomi Eng JV inks deal with Sao Paulo for monorail

KUALA LUMPUR: A consortium including SCOMI ENGINEERING BHD [] has finally inked an agreement with the Sao Paulo Metropolitan Company for the monorail system.

It said on Monday, Aug 1 the agreement was signed on July 30 in Brazil for the project which involves the design, manufacture, supply and implementation of the monorail system.

The project contract was for the RM2.6 billion Line 17 monorail project in Sao Paulo.

To recap, on June 3, Scomi Engineering had announced that the monorail project had been awarded to the consortium which consists of the company, Andrade Gutierrez S.A. (AG Group), CR Almeida S.A. Engenharia de Obras and Montagens e Projetos Especiais SA (MPE).

It said the project would cover the design works, manufacture, supply and implementation of the monorail system for the 18-km monorail Line 17, or the Gold Metro of S''o Paulo.

The project was expected start in July this year and be completed in 42 months.

On June 14, Scomi Engineering said that although the Sao Paulo Metropolitan Company in Brazil had published that the tender has been awarded to the Consortium, the project contract has not been finalised.

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