KUALA LUMPUR – Taraf Raya Sdn Bhd has signed a memorandum of understanding (MoU) with Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL) on prospective collaboration in the Pahang portion of the East Coast Rail Link project (ECRL).
In a statement, Taraf Raya said MRL and CCC have engaged with the Pahang state government to ensure 40% of civil works for the project, excluding tunnel works, is carried out by local subcontractors.
Taraf Raya is a 70:30 joint venture company between Pahang State Development Corporation and Landasan Surimas Sdn Bhd of which 40% is held by OCR Group Berhad’s wholly-owned subsidiary, Kirana Masyhur Sdn Bhd.
Taraf Raya is authorised to coordinate the local participation of the project in Pahang.
Under the MoU, Taraf Raya will provide consultation and assistance to MRL and CCC on matters relating to local authorities in Pahang.
Taraf Raya will also assist CCC in sourcing suppliers and contractors for the purpose of optimising the participation of local content and resources, said its chairman Datuk Indera Tun Putera Matin Ahmad Shah.
He said that since its establishment, Taraf Raya has been overwhelmed by the response from local contractors and suppliers interested in the ECRL project.
“I believe this project is a significant platform for local contractors, especially those in Pahang, to showcase their skill sets and raise their levels of expertise in the construction sector through the 40% local participation quota.
“The MoU today will act as a stepping stone between MRL, CCC and Taraf Raya to improve relationships between all parties and ensure a smoother execution of ECRL works in Pahang,” he said. – Bernama, December 21, 2020
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