Home›Procurement News›Malaysia : Malaysian company in US$5 billion railway deal in Laos
Procurement And Tender News
Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
Malaysia : Malaysian company in US$5 billion railway deal in Laos
Publish Date : 06-Nov-2012
A little known Malaysian company, Giant Consolidated Ltd, has won a US$5 billion deal to build a 220 kilometre rail link in Laos, a spokesman for the Prime Minister\'s department confirmed on Monday.
Malaysia\'s prime minister, Najib Razak, on a working visit to Laos, is scheduled to witness the signing ceremony between the Malaysian firm and the Laotian government in Vientiane on Monday, the spokesman added.
Giant Consolidated, a unit of Giant Group Ltd, will build an electrified double-track standard gauge railway from Savannakhet to Lao Bao, near the country\'s border with Vietnam.
No further details were available and company officials could not be reached for comment.