Malaysia to spend $61 billion on rail projects

Malaysia to spend $61 billion on rail projects

KUALA LUMPUR - The Government is expected to spend an estimated RM160bil (S$61 billion) more on rail-related projects until 2020, said Datuk Seri Najib Tun Razak.

The Prime Minister said the railroad industry had seen "massive expansion" in Asia and become an increasingly significant mode in Malaysia's efforts to improve public transportation.

"Along with the rapid development of rail networks comes the challenge of the application of rail and rail-related technology. The application of intelligent infrastructure in rail can be a game changer, by lowering costs and improving safety and reliability at the same time," he said in his address before launching the inaugural Rail Business Asia 2013 here yesterday.

Adding that the Government had invested over RM50bil since 1990, he stressed the need to train skilled and specialised manpower to fill hundreds of thousands of jobs generated from rail projects.

"Thousands of vacancies will have to be filled. The Mass Rapid Transit (MRT) project alone is estimated to create about 130,000 jobs," he noted, adding that trained workers were needed for tasks such as construction of tracks, facilities as well as for research and development.

Najib said another 800 jobs would be created from the first phase of the RM400mil ASEAN Rail Centre in Batu Gajah, Perak, which is expected to be completed by mid-2014.

"Eventually, the centre will cover an all-in-one scope of work for production, assembly, testing, overhaul and refurbishment of trains for the ASEAN region," he said.

Najib urged skill training institutes, including those under the Construction Industry Development Board (CIDB), to speed up the pace in producing the required number of skilled manpower.

He welcomed the Land Public Transport Commission's (SPAD) skill-training academy for rail industry workers, Keretapi Tanah Melayu Bhd's training programmes and the Malaysian Industry-Government Group for High Technology's memorandum of understanding with French multinational Thales Group to train locals.

Purchase this article for republication.

BRANDINSIDER

SPONSORED

Most Read

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.