The visit by Prime Minister Datuk Seri Ismail Sabri to Indonesia is looking fruitful for our local railway industry with
Destini Berhad entering an agreement with State-Owned PT Industri Kereta Api.
The HOA was inked to identify and pursue opportunities in the railway system business sector and infrastructure projects in Indonesia, Malaysia and the region. PT INKA is the first fully integrated rolling stock manufacturer that has supplied to various countries globally including Indonesia, Malaysia, Thailand, Philippines, Bangladesh and Australia.
Destini had made its maiden venture into the rail segment by successfully delivering motor trolleys to Keretapi Tanah Melayu Berhad in 2018. The Group had in 2021, formed a joint venture company with KTMB to explore business opportunities in the maintenance, repair and overhaul (“MRO”) services in the rail segment. Recently it had entered into an MOU with Siemens Mobility Sdn Bhd to explore MRO services of electrical trainsets in Malaysia.
This collaboration with PT INKA would further enhance the Group’s capabilities within the rail segment as well as to position it to expand its footprint regionally.
