Bombardier Transportation and Global Rail Sdn. Bhd. Win Contract to Provide Rail Control for Second Line of Malaysia's Klang Valley MRT

BERLIN, GERMANY--(Marketwired - May 26, 2016) -

To view the photos associated with this press release, please visit the following links:

http://file.marketwire.com/release/1056558_1.jpg

http://file.marketwire.com/release/1056558_2.jpg

http://file.marketwire.com/release/1056558_3.JPG

http://file.marketwire.com/release/1056558_4.jpg

A Bombardier Transportation-Global Rail Sdn. Bhd. consortium has won the contract to provide the rail control and signalling system including platform screen doors (PSD) for the second line of Malaysia's new Klang Valley Mass Rapid Transit (KVMRT) network. The Bombardier-led consortium will deliver the proven BOMBARDIER CITYFLO 650 communications-based train control (CBTC) solution for the 52.2 km KVMRT Line 2 which will connect Sungai Buloh, Serdang and Putrajaya, also known as the SSP Line.

The six-year contract, awarded by Mass Rapid Transit Corporation Sdn. Bhd. (MRT Corp), the owner and developer of the KVMRT project, has an overall value of approximately 433 million Malaysian ringgit (95 million euro, $106 million US). Bombardier's share totals approximately 220 million Malaysian ringgit (48 million euro, $54 million US), with Global Rail's share approximately 213 million Malaysian ringgit (47 million euro, $52 million US).

Peter Cedervall, President Rail Control Solutions, Bombardier Transportation said, "Winning this second rail control contract for the KVMRT network reflects our customer's confidence in our technology and delivery, and the value we place on building long-term partnerships in our markets. The new network will significantly improve transportation options for millions of people, and we look forward to continuing to work with Global Rail, MMC Gamuda JV and MRT Corp on both our projects which will have a major positive impact on the local environment and economy."

Fan Boon Heng, Managing Director, Global Rail Sdn. Bhd. Added, "We are very pleased to be working alongside Bombardier on this latest important project for Malaysia's growth. Our partnership of globally-proven technology and experience matched with extensive local knowledge and expertise is ensuring the best transportation solution for the heavily-populated Greater Kuala Lumpur area. In addition, Bombardier and Global Rail have been committed partners in promoting the development of Malaysia's rail industry and local expertise, which we will continue to jointly support throughout this latest project."