Scomi Bidding RM5-6 billion monorail projects

PETALING JAYA, May 7 (Bernama) -Scomi Group Bhd, a global service provider in the oil and gas industry, energy and logistics engineering, is bidding for RM5 billion to RM6 billion worth of monorail projects overseas.Disclosing this, its group chief executive officer, Shah Hakim Zain said the group has been shortlisted for final tenders for monorail projects in Iran and India.The projects being tendered include in Marshad, Karat and Tehran in Iran and in Mumbai and Delhi in India.He added that the group will be submitting final tenders to India on June 15 and in Iran soon.Scomi recently signed a collaborative agreement with the Hanoi Metropolitan Rail Management Board to prepare a feasibility study on a monorail system in Hanoi, Vietnam."We are cautiously optimistic of securing these projects, we are focussing on countries that are seriously implementing monorail projects," he said during a press conference today to announce Scomi's employee development programmes.Shah Hakim said Scomi is investing RM2 million a year on its executive management programme (EMP).The Scomi EMP programme represents an opportunity to bring all middle managers throughout the company to a common level of skills and competencies.