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Oct 3 (Reuters) - Malaysia's Mass Rapid Transit railproject, which aims to ease congestion in Kuala Lumpur, hasawarded construction contracts worth 732.2 million ringgit ($240million)
to three local firms. Mass Rapid Corp Sdn Bhd, the company set up to undertake thetransport project, said in a statement that Naim Engineering SdnBhd, a unit of Naim Holdings Berhad , won a
204.7million ringgit contract. UEM Construction Sdn Bhd and Apex Communications Sdn Bhd woncontracts worth 275.8 million ringgit and 251.7 million ringgitrespectively, it added. The
contracts were awarded in a tender open to 12 qualifiedBumiputra companies. Bumiputra refers to majority ethnic Malaysand other indigenous people in the country who benefit from adecades-old
affirmative action policy. The publicly funded MRT project was initially estimated tocost 37 billion ringgit, but more recent projections have putthe figure at around 50 billion ringgit.($1
= 3.0510 Malaysian ringgit) (Reporting By Siva Sithraputhran; Editing by Richard Pullin) (([email protected])(+603 23338019)) Keywords: MALAYSIA RAIL/
