Friday, July 24, 2015

Salving Perwaja

Sometime I am wondering, how much we must pay to keep these companies afloat. We still remember they day Mahathir took 2 billion from the country coffer for Perwaja.

Currently Perwaja has acculated loss of rm1.89bil. and a total debt of 2.2bil.

It started in 1982, with the big idea of transforming Malaysia of am industrilised nation. It was a JV between Terrengganu State, Hicom and The Japanese Nippon Steel Corp. Hicom and Nippon Steel exit from the company.

The Star 25 Jul 2015



Monday, July 13, 2015

Scomi Engineering SEB Gets Third Monorail Project

The Malaysian Manufacturer Scomi was awarded the third monorail project as Sao Paulo in Brazil. This is the concessionaire for line 18. The earlier project was the line 17 and the Manaus rail.

The Line 18 project is for 25 years. Four years to Build and 21 years to operate and maintain.

The SEB design is based on space optimisation as well as the operation maintenance.

Brazil is sending their staff to learn from Malaysia.