DDNeX group managing director Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir (pic) said the consortium formed would strengthen its possibility to bag more submarine cable-laying projects. KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) consortium has inked an agreement with PT Infrastruktur Telekomunikasi Indonesia (TelkomInfra) to maintain submarine cables in Indonesia. In a statement, DNeX said its business units that signed the agreement with TelkomInfra are PT DNeX Telco Indonesia (PT DTI) and PT Samudera Mbiantu Sesami (PT SMS). “The agreement inked is to form a consortium for the deployment, management, maintenance and repair as well as other value-added works for the Maintenance Support Sistem Komunikasi Kabel Laut within and outside the territory of Indonesia, ” it said. DNex noted that TelkomInfra, which would be appointed as the consortium leader, would be responsible for logistics arrangements, securing various projects permits and overseeing project management. TelkomInfra is a wholly-owned subsidiary of Indonesian-listed PT Telkom Indonesia Tbk, an Indonesian multinational telecommunications conglomerate. PT DTI and PT SMS would ensure “the submarine cable laying vessel and all crew, tools and systems to carry out the works are operationally ready.” Under the agreement, DNeX said the consortium is formed for three years and may be extended for three years. DNeX group managing director Datuk Seri Syed Zainal Abidin Syed Mohamed Tahir (pic) said the consortium formed would strengthen its possibility to bag more submarine cable-laying projects. “Submarine cable laying and repair works are not new to the group as we had previously completed smaller-scale projects in Indonesia and the Philippines. “We are grateful to our partners in Indonesia for their trust in our capabilities, ” he said. Upon securing any contract, Syed Zainal said the parties involved would enter into a definitive partnership agreement. The details are currently being finalised.
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