LG CNS, the information technology solutions unit of LG Group, said Thursday it has won a deal to install bus traffic control systems for Malaysia’s Mass Rapid Transit railway stations.
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(LG CNS) |
The $120 million MRT project aims to connect every corner of Kuala Lumpur via high-speed trains. The Line 1, stretching about 51 kilometers with 31 stations, is under construction and slated for completion by 2017.
LG CNS has already participated in the project, as it secured a deal in 2012 to build telecom systems for the MRT trains. Following the first deal, this time it will offer traffic control systems for more efficient operation of buses near MRT stations.
The total budget for the bus traffic system is about 12 billion won ($10 million).
As the Malaysian government plans to invest an additional 30 trillion won into the MRT project this year, including new orders for Line 2 and Line 3, LG CNS also has high hopes for future deals.
Together with LG CNS, other global companies such as Germany’s Siemens, Canada’s Bombardier, Japan’s Meidensha and Mitsubishi have joined hands for the mega project.
“After securing a series of deals in Malaysia, we will continue efforts to expand our presence not just in the Southeast Asian market, but also in Latin America, Middle East and Europe,” said Lee Eung-joon, the company’s traffic solutions business director.
LG CNS has built Seoul City’s traffic card and high-speed railway transit systems as well as its infrastructure systems for electric vehicles.
The company has also secured projects in other cities around the world, including Colombia’s Bogota and Pasto, Greece’s Athens, New Zealand’s Wellington and the latest Malaysia’s Kuala Lumpur.
By Lee Ji-yoon (
jylee@heraldcorp.com)
