AZRB wins RM1.44b MRT viaduct project contract

KUALA LUMPUR (March 25): Ahmad Zaki Resources Bhd has been awarded the first viaduct work package for the construction of the Mass Rapid Transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line, worth RM1.44 billion.

According to a media release from Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), MRT Corp has awarded the Work Package V202 for the construction and completion of the viaduct guideway and other associated works for a 4.5km stretch of the SSP Line elevated guideway from Persiaran Dagang to Jinjang, Kuala Lumpur, to Ahmad Zaki Resources’ subsidiary Ahmad Zaki Sdn Bhd.

The award was made following a One Stop Procurement Committee (OSPC) meeting chaired by Prime Minister Datuk Seri Mohd Najib Tun Abdul Razak.

“With this award, construction of the SSP Line is truly on the way,”  MRT Corp Chief Executive Officer Datuk Seri Shahril Mokhtar said.

On the evaluation process, Shahril said the successful tender was determined on a best evaluated tender basis, where the tender was evaluated on technical as well as commercial aspects.

“As such, the successful tender might not necessarily be the tender with the lowest price,” he emphasises.

However, he added, in this case, the successful tender had scored the highest in both areas, emerging best in the technical evaluation and having the lowest price among the three tenders received.

According to him, Ahmad Zaki is currently a work package contractor for the MRT Sungai Buloh-Kajang (SBK) Line for Work Package V6, as a result, it was pre-qualified to tender for viaduct work packages for the SSP Line.

It is also worth noting that Work Package V202 was reserved for Bumiputera contractors.

“The Bumiputera participation target set by the government was increased to 45% of the total value of all work packages for the SSP Line, up from 43% for the SBK Line. I believe we have started off on a good footing by awarding first to a Bumiputera contractor,” Shahril said.

To-date, contracts awarded to Bumiputera contractors for the SBK Line was at 50%, surpassing the 43% target that was set by the government.

MRT Corp will be issuing the letter of award to the successful contractor in the near future.

The SSP Line is 52.2km in length, of which 13.5km will run underground. It will have 37 stations, 11 of them underground stations.

In total there are 66 work packages being tendered for the construction of the SSP Line. They include 10 viaduct guideway packages, one underground works package, two depot work packages, 10 station work packages, and 15 multi-storey park and ride work packages.

The remaining tenders are for Advance Works, Connectivity, Systems, Designated Suppliers and Designated Contractors.

At noon, Azmad Zaki rose 3.62% or 2.5 sen to 71.5 sen. The counter saw 3.98 million shares traded. Year-to-date, the counter has risen about 13%. – theedgemarkets.com

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