Berjaya Land eyes high-speed rail project with launch of rail unit

Surin Murugiah / theedgemarkets.com
17 May, 2023
Updated:over 2 years ago
  • In a statement on Wednesday (May 17), BLand said it will initially engage in the Request for Information exercise, conducted by MyHSR Corp Sdn Bhd, under the Ministry of Finance.
  • Through this venture, it said Berjaya Rail will be conducting businesses involving the construction of railways and subways, design, supply and installation of railway systems, development of transit-oriented properties, and consulting and training services for related technical solutions.

KUALA LUMPUR (May 17):  Berjaya Land Bhd (BLand) is venturing into the rail business with the launch of Berjaya Rail Sdn Bhd (Berjaya Rail), with intent to venture into the rail business, particularly in the high-speed rail project.

In a statement on Wednesday (May 17), BLand said it will initially engage in the Request for Information exercise, conducted by MyHSR Corp Sdn Bhd, under the Ministry of Finance.

Through this venture, it said Berjaya Rail will be conducting businesses involving the construction of railways and subways, design, supply and installation of railway systems, development of transit-oriented properties, and consulting and training services for related technical solutions.

BLand said Berjaya Rail has appointed Farizul Baharom as its director and chief executive officer.

It said he brings with him a wealth of experience from various positions held as the special adviser to the transport minister, head of project management office for LRT3 at Prasarana Malaysia Bhd, head of legal & head of Cross Border Rail for HSR & RTS in Land Public Transport Agency (SPAD) and various other roles in the Economic Planning Unit of the Prime Minister’s Department, Prokhas Sdn Bhd and the Attorney General’s Chambers Malaysia.

The group said he will be joined by an experienced board of directors composed of experienced leaders in engineering, finance and banking, property development, and bilateral cross border negotiations for transport infrastructure and services.

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