On 27 December 2021, Malaysia Airports (Sepang) Sdn Bhd, a wholly owned subsidiary of Malaysia Airports Holdings Berhad, awarded the contract for the development of a new automated people mover aerotrain system at Kuala Lumpur International Airport to Pestech Technology Sdn Bhd, a wholly owned subsidiary of Pestech International Bhd. The contract, which is valued at 742.95 million ringgit (approximately $177.5 million), involves the design, construction, testing and commissioning, and financing of new aerotrains, power supply, signalling and communication systems and related facilities and equipment.

Pestech, which will be working closely with its key original equipment manufacturer Bombardier Transportation, will commence work in March 2022. Upon completion of the construction, Pestech will assume the role of operating and maintaining the aerotrain system until 2034.

For further information on this topic please contact Richard Khoo Boo Hin or Rachel Chiah at SKRINE by telephone (+60 3 2081 3999) or email ([email protected] or [email protected]). The SKRINE website can be accessed at www.skrine.com.