More Than 45% of LRT3 Contracts Open for Bumiputera Companies

PUTRAJAYA – 24 November 2016: Prasarana Malaysia Berhad (Prasarana), through a collaborative effort with Government’s Bumiputera Agenda Steering Unit (Teraju), Contractor and Entrepreneur Development Division (BPKU) of Ministry of Works and Construction Industry Development Board (CIDB), will open up participation opportunities for Bumiputera companies in the development of the Light Rail Transit 3 (LRT3) project.

The collaboration will provide opportunity for Bumiputera contractors graded G2 to G4 under the Construction Industry Development Board (CIDB) to grow and develop capacity as well as capability via participation in large-scale infrastructure projects.

A tender briefing was held in Putrajaya on 24 November 2016, which saw the participation of approximately 135 companies. The G2-G4 grading refers to small medium enterprises, which are allowed to tender for projects worth RM200,000 – RM500,000 (G2), RM500,000 – RM 1,000,000 (G3) and RM 1,000,000 – RM 3,000,000 (G4).

The initiative is based on the six principles of the Bumiputera Economic Transformation plan; market-friendly, needs-based, merit-based, transparent, competitive, pro-growth and sustainable development.

The main work packages under the LRT3 are required to be divided into 120 smaller work packages worth approximately RM60 million in total. The work packages will comprise of but are not limited to areas such as surface works, mechanical & engineering works, concrete works, external architectural works and interior fittings out works.

“Through the program, we are hopeful that the Bumiputera companies will benefit from this opportunity to work alongside established multinational companies in the industry to develop Klang Valley’s next new rail, and thereby develop our home-grown expertise.

“As a key national infrastructure project, LRT3 will continue to encourage Bumiputera participation, with an estimated 45% to 50% of contracts will be awarded to these Bumiputera companies,” said Tuan Hj Khairani Mohamed, the Chief Executive Officer of Prasarana Rail and Infrastructure Projects Sdn Bhd (PRAISE).

In order to pre-qualify, the Bumiputera contractors must possess the Companies Commission of Malaysia registration, CIDB’s G2 to G4 registration, a minimum CIDB score rating of three (3) stars and Sijil Taraf Bumiputera issued by the Ministry of Works.

Two weeks following the tender briefing date, the companies are required to submit supporting documents in order to qualify. Work packages will be awarded via balloting by Prasarana and witnessed by LRT3’s project delivery partner, MRCB George Kent Sdn. Bhd.

The 37-kilometre-long LRT3 envisages to connect two million people between Bandar Utama and Johan Setia, Klang by 2020.

The alignment which traverses 26 stations will be integrated with upcoming and existing infrastructure projects.

About Prasarana Malaysia Berhad

Established in 1998 and operational since 2002, Prasarana Malaysia Berhad is the asset owner and operator of the country’s three LRT networks and the KL Monorail; in addition to the bus services of Rapid KL, Rapid Penang, Rapid Kuantan and Rapid Kamunting. Beyond the efforts to transform the country’s public transport services via Rapid Rail Sdn Bhd and Rapid Bus Sdn Bhd, Prasarana has also established Prasarana Integrated Management and Engineering Services Sdn Bhd (PRIME) to provide management and engineering consultancy services, Prasarana Rail and
Infrastructure Projects Sdn Bhd (PRAISE) to manage major projects under the Group which included the LRT Line Extension Project; Prasarana Integrated Development Sdn Bhd (PRIDE) to undertake commercial and transit-oriented development projects to further strengthen the performance of the company; and Prasarana Integrated Solution & Management (PRISM) for the management of insurance practices and businesses.

About MRCB George Kent (MRCB GK)

MRCB George Kent Joint Venture (MRCB GK) was appointed on 4th September 2015 as the Project Delivery Partner (PDP) of the Light Rail Transit 3 (LRT3).

MRCB is currently the largest developer cum contractor of Transit Oriented Developments (TODs) in Malaysia, while George Kent is the largest home-grown railway system specialist in Malaysia. MRCB GK brings to the LRT3 project a highly-skilled and professional staff pool experienced in transit projects, with tailored and cost-effective solutions specific to Prasarana’s needs in a collaborative and supportive manner.

About Light Rail Transit 3 (LRT3)

The LRT3 envisages to connect 2 million people between Bandar Utama and Klang by 2020. Developed in line with Greater Kuala Lumpur/ Klang Valley (GKL/KV) Land Public Transport Masterplan, LRT3 will be a key feature in extending rail connectivity to the Western Corridor of GKL/KV. For more information, visit www.lrt3.com.my and follow @myLRT3