Gamuda, the Malaysian infrastructure company cofounded by tycoon Lin Yun Ling, will participate in a A$1.6 billion ($1.07 billion) project to maintain and upgrade the train control systems on Perth’s rail networks.
Gamuda’s Australian 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.
It is expected to contribute A$737 million in revenue to Gamuda, according to an announcement 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 statement. “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.
