Bombardier and MIGHT sign agreement to develop rail industry expertise in Malaysia

• Bombardier and Malaysian Industry High Technology Government Group to collaborate on developing home-grown champions
• Agreement reflects Bombardier’s ongoing commitment to enhancing rail skills and expertise in its key markets

BERLIN, Sept. 19, 2018 (GLOBE NEWSWIRE) --

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Bombardier Transportation has signed a Memorandum of Understanding (MoU) with the Malaysian Industry Government Group for High Technology (MIGHT) outlining their collaboration on developing home-grown rail industry expertise over the next year.

The collaboration with MIGHT, an agency under the Malaysia Prime Minister’s Department with a mandate to develop high technology industries, will support small and medium enterprises from the manufacturing and maintenance, repair and operations sector by enhancing their technical rail industry skills. In Malaysia, Bombardier has been actively implementing a graduate program over the last two years along with university associations to prepare young talent as well as expand their capabilities in the rail industry.

Datuk Dr. Mohd Yusoff Sulaiman, President and CEO of MIGHT expressed, “We greatly appreciate Bombardier’s active participation in the development of both the capacity and capability of small and medium enterprises in Malaysia. MIGHT developed the Rail Industry Development Blueprint in 2012 through an Industry-Government consensus on the future direction for the local rail industry, focusing on securing more business for local players, human capital development as well as research and technology. MIGHT is also appreciative of the efforts by SME Corporation, being the funder for the High Impact Project for rail sector and the Malaysia Rail Industry Corporation for promoting this program among its members.”

Jayaram Naidu, Head of Southeast Asia, Bombardier Transportation, commented, “At Bombardier, we are committed to developing local expertise in the rail industry and investing in the communities where we operate. With several significant collaboration milestones in Thailand, Singapore and Malaysia focused on to developing local talent over the past four years, we believe these initiatives will drive productivity, increase performance and improve competitiveness - ultimately raising rail industry performance regionally as well as globally.”
       
Bombardier’s presence in Malaysia began in 1992 as lead supplier for the 27-kilometer Kuala Lumpur Sri Petaling and Ampang Line. Since then, several Bombardier transit systems have been delivered for the Kuala Lumpur International Airport and the 29-kilometer Kelana Jaya LRT, linking the western and eastern suburbs with Kuala Lumpur’s downtown core in time for the 1998 Commonwealth Games. In 2017, the Kelana Jaya LRT network became the city’s busiest line, moving up to 255,000 passengers daily with passenger demand expected to surge. In addition to supporting rising ridership, Bombardier is also adding value to the life cycle of the train fleets by refurbishing the original trains in-country.

About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.

About Bombardier
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

About MIGHT
The Malaysian Industry-Government Group for High Technology (MIGHT) was established on 22 February 1993 as the technology think-tank under the purview of the Prime Minister’s Department. It is governed by a Board of Directors, helmed through the joint-chairmanship of prominent private sector personality and the Science Advisor to the Prime Minister.

MIGHT emphasis on market intelligence initiatives using the foresight practices and methodology to identify technology and business opportunities. It is built on the strength of public-private partnership with members representing both local and international, from industry, government and academia.

www.might.org.my 

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