I am a contributing editor for Forbes Asia based in Jakarta, Indonesia. Before joining Forbes Asia, I worked for Forbes Indonesia for almost a decade. I’ve covered stories about the country’s wealthiest people, fast-growing businesses, and emerging startups. For news tips, you can reach me at yrosendar@forbesasia.com.
, will participate in a A$1.6 billion project to maintain and upgrade the train control systems on Perth's rail networks. Gamuda ’s Australia n unit DT Infrastructure won the job from the Public Transport Authority of Western Australia with Alstom Transport of France .
Alstom holds a 54% stake in the project and DT Infrastructure the rest. The project is described as the world’s largest train control project by route length. The contract is for over 10 years, although it was not clear when the upgrade would be complete. The project will start in the second half of this year.on Thursday. Perth will be the third Australian city to use Alstom’s Urbalis CBTC train control technology, which will result in a a 40% increase in train network capacity. “With several Metronet projects nearing completion, Perth’s upgraded rail network means residents and visitors are more connected than ever before,” Darren Crichton, DT Infrastructure’s chief executive officer, said in a. “The High Capacity Signalling program will ensure that this capability is fully utilized, running more trains more often.” In recent years, Gamuda has won several major projects. In May, one of Gamuda's subsidiaries won a $372 million contract to construct Sime Darby Property's first data center near Kuala Lumpur. Gamuda was founded as a construction company in 1976 by Lin and partner Koon Yew Yin. The company has expanded to become one of the most prominent infrastructure and real estate companies in Malaysia. Aside from Australia, Gamuda also has projects in Singapore, Taiwan, the U.K. and Vietnam.
Gamuda Lin Yun Ling Australia Malaysia Trains Transport France
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HL Mando-Backed Korean Radar Startup Raises $25 Million, Eyes Growth Beyond Autonomous CarsI’m a senior editor at Forbes based in Hong Kong, covering entrepreneurs and investors in Asia. I edit the Korea’s 50 Richest wealth ranking and co-edit the Forbes Asia 100 to Watch list.
Read more »
Asia’s largest Web3 festival, Coinfest Asia, will features 150+ top Web3 speakersThe largest Web3 festival in Asia, Coinfest Asia, will soon be coming to Nuanu City, Bali, on 22-23 August 2024
Read more »
Discovering Asia’s Islands: Underrated Destinations to Visit in Southeast AsiaFrom the waters of Perhentian islands to the exciting nightlife of Cambodia Koh Rong, there's something for every travel-lover looking.
Read more »
Billionaire Salim Launches $265M Bid To Buy Australian Copper MinerI am a contributing editor for Forbes Asia based in Jakarta, Indonesia. Before joining Forbes Asia, I worked for Forbes Indonesia for almost a decade. I’ve covered stories about the country’s wealthiest people, fast-growing businesses, and emerging startups. For news tips, you can reach me at yrosendarforbesasia.com.
Read more »
China Fund Aims To Get Tech Scholars More Involved In EntrepreneurshipRussell Flannery is an editor at large at Forbes and a country editor for the Forbes Billionaires List. Now in his 24th year at Forbes, Flannery opened Forbes first-ever bureau in mainland China -- in Shanghai – in 2003.
Read more »
The One Reason Warren Buffett Isn’t The World’s Richest PersonChase Peterson-Withorn is a senior editor at Forbes who oversees The Forbes 400 list. His reporting on billionaires has stretched from America's largest cardboard box factory to Donald Trump's penthouse. He studied political science and economics at Ohio University, and can be reached at cpeterson-withornforbes.com or tipsforbes.com.
Read more »
