DBHD IN JOINT BID FOR RAPID TRANSIT SYSTEM PROJECT

Damansara Realty Bhd (DBhd) is teaming up with China State Construction Engineering (M) Sdn Bhd (CSCEM) to tender for the 4km Johor Bahru-Singapore Rapid Transit System (RTS) railway project. Signing a Memorandum of Understanding (MOU) with China State Construction Engineering Corporation’s (CSCEC) subsidiary CSCEM, Dbhd agrees to jointly bid for the RTS project, a 4km railway link connecting Bukit Chagar station in Johor Bahru to Woodlands in Singapore. The RTS is slated to be completed by end of 2024.

DBhd Group Chief Executive Officer, Brian Iskandar Zulkarim says, “We are excited to enter this expression of interest to work with CSCEM, the Malaysian arm of one of the world’s largest construction companies, on the RTS project. This partnership brings to the table a strong value proposition, combining the specialised skills, technical knowledge and experience of both DBhd and CSCEM.”

Ranked 24th among Fortune Global 500 enterprises, CSCEC is a China state-owned company specialising in infrastructure development and construction, in particular high-rise buildings, railways, super-large bridges, highways and urban rail transportation. CSCEM Managing Director, Lyu En says, “With our strong track record in management and the strength of our performance in infrastructure, we believe we bring considerable advantages in implementation of this project. At the same time, cooperation with DBhd is guaranteed to enhance our success on the project.”

Aside from Property and Land Development (PLD), DBhd’s core businesses are in Integrated Facilities Management (IFM) and Project Management Consultancy (PMC), offering services ranging from project planning and development, maintenance and operations, to car park solutions, cashless payment solutions and management of assets.

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