The companies to be tapped will be venture companies and small companies that have good track records on export performance, and haveobtained various quality certificates and accreditation offered by government agencies. Joss is to be replaced by David Morgan, currently executive director responsible for the bank's institutional and international banking. Capital Dynamics Sdn Bhd said that new vehicle sales were continuing to improve.
Construction is due to begin immediately.
Mr. Werner Sigg, managing director of Siemens Power Generation, said the San Lorenzo project would be a combined-cycle power station. A private consortium, Airtrain Citylink Ltd., will build, own and operate the rail link.