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IRCON bags $1 billion Malaysian railway contract

Wednesday, 14 May 2008
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IRCON International, a subsidiary of the Indian Railways has won a $1 billion contract to construct a 103 km high-speed rail segment in Malaysia. The formal signing of the contract is scheduled to take place on 16 May 2008.

The scope of work involves building an electrified double line (two parallel tracks) between Seremban and Gemas in southern Malaysia. It also includes electrification and signaling works.

The Seremban-Gemas stretch is part of the double-tracking of Malaysia's north-south railway and involves construction of 34 river bridges and 13 road overbridges.

Addendum (16 May 2008): A formal agreement of the contract took place on 16 May 2008.

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