Saturday, September 18

TDA invests RM2.5 million to acquire new tech for railway sector


BANGI: The Technology Depository Agency (TDA), an agency under the Ministry of Finance, has invested RM2.5 million to acquire an ontrack machinery, the 09-3D Tamping Simulator and an automatic guiding computer simulator from TWA (Malaysia) Sdn Bhd.

TDA senior director for the Programme Operation Division, Azrizal Marzaki said the new technologies would be used for the agency’s Industrial Collaboration Programme (ICP) for the railway sector, especially in the Asean region.

“This project involves an investment of RM2.5 million and is worth about RM13 million of ICP Credit Value,” he told reporters after the launch of the new technologies by Deputy Transport Minister, Datuk Aziz Kaprawi yesterday.

Also present was TWA Malaysia chief executive officer, Datuk Taqi Mohamed Osman.

“The local ICP recipient for this project, Keretapi Tanah Melayu Bhd and other potential recipients will benefit from this technology transfer to support track maintenance,” said Azrizal.

He added that the TDA was to date managing 88 ICP programmes triggered by various government strategic procurements worth about RM35.2 billion and which would last until 2021.

Currently the programmes and projects that have been completed are worth about RM4.23 billion with an audited ICP Credit Value of RM5.2 billion.

The ICP Credit Value is generated based on the level of impact and effectiveness of the ICP project to the needs of enhancing local capability to greater heights.

Moving towards 2021, the TDA is expected to create more value added ICP activities that contribute to the country’s economy.

“Although this seems quite challenging under current economic uncertainties, the target is achievable provided there is continuous support, including from the government, ministries and ICP recipients,” said Azrizal. — Bernama