Gamuda, a Malaysian infrastructure company co-founded by tycoon Lin Yun Ling, will take part in a A$1.6 billion ($1.07 billion) project to maintain and upgrade train-control systems on Perth’s rail network.
Gamuda’s Australian subsidiary, DT Infrastructure, was awarded the job by the Western Australian Transport Authority together with France’s Alstom Transport. Alstom will hold a 54% stake in the project, with DT Infrastructure holding the remainder.
The project is said to be the world’s largest train control project by line length. The contract period is more than 10 years, but it is unclear when the upgrade will be completed. The project is due to start later this year.
It is expected to generate revenue of A$737 million for Gamuda, according to Thursday’s announcement.
Perth will become the third Australian city to adopt Alstom’s Urbalis CBTC train control technology, which will increase train network capacity by 40%.
“With several MetroNet projects nearing completion, upgrades to Perth’s rail network will enable residents and visitors to be more connected than ever before,” DT Infrastructure chief executive Darren Crichton said in a statement. “The high capacity signalling program will ensure this capacity is maximised, allowing more trains to run more frequently.”
Gamuda has won several big projects in recent years: In May, one of its subsidiaries won a $372 million contract to build Sime Darby Property’s first data center near Kuala Lumpur.
Gamuda was founded as a construction company in 1976 by Mr Lin and his partner Koon Yew Yin. The company has grown to become one of Malaysia’s most prominent infrastructure and property companies. Besides Australia, Gamuda also has projects in Singapore, Taiwan, the UK and Vietnam.