Sunday, December 2, 2007

2 down - Water under the Bridge?

So... Gamuda is out of the running, so is WCT.

Only a few big companies can boast of having the capacity to do these jobs..

wonder who will get it in the end and at what price to the people... won't be surprised if it's awarded to a RM2 company only recently registered... tsk tsk.. that would certainly not be a surprise.. hope sites like malaysia today or malaysia kini would keep a tab on the outcome of this!

Bearing in mind this piece wasn't taken from a local Malaysian paper..

Malaysia's Gamuda out of mega water project

KUALA LUMPUR - A consortium comprising Malaysian builder Gamuda and China Railway Engineering Corp has been nudged out of bidding for a RM4 billion (US$1.19 billion) water project as it failed to pre-qualify for the tender, the Edge newspaper reported on Saturday.

Another consortium of domestic companies led by WCT Engineering could have also met the same fate, the paper said quoting unnamed sources.

The project, which is sponsored by Japan, involves construction of 44-km long tunnel through mountains, two dams and pipelines in Malaysia's central Pahang and Selangor states.

Officials of Gamuda and WCT were not available for comment.


sources: Business Times, Singapore
Work on the project is expected to start next year and completed by 2013. -- REUTERS

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