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01 November 2003   ~ Star Bizweek
The likely beneficiaries - Ingress Corporation Berhad

 

Ingress Corporation Berhad

The company is involved in power engineering and railway electrification (PER) that covers overhead transmission lines. Substations, process and building automation, mechanical and electrical engineering services, manufacture and supply of panel-based electrical equipment and railway electrification works.

The company, whose mainstay is in the automobile parts manufacturing industry, has an engineering arm, wholly-owned Balfour Beatty Rail Sdn Bhd, which is current participating in the Ipoh-Rawang railway project conducting electrical works.

The systems and integration work, which includes electrical and signaling for the railway project, has been valued at an estimated RM4.5 billion, or some 30 per cent of the total costs.

Electrical works on the double-tracking, however, are only expected to kick in towards the later part of the project, meaning any impact to Ingress' bottom will be felt at a much later date.