November 10, 2010
Taiping Cable Car links up with Austrian firm
TAIPING Cable Car Sdn Bhd has signed an initial pact with Austria's Doppelmayr to
explore the potential of cable car projects in Malaysian cities.
The cable car service is environmentally-friendly and it also helps to reduce
traffic congestion. Countries like Algeria, Venezuela and Portugal are among those that have cable cars in
Doppelmayr manufactures chairlifts, cable cars, gondolas, surface tows for ski and
amusement parks as well as urban people movers and material handling systems. The group has produced over 13,700
installations in 78 countries.
Locally, the group has also built the RM50 million cable car service in
"We are keen to work with Doppelmayr which is among the world's key players in
cable car service. The partnership will allow our company to tap Dopplemayr's technical expertise once we have
identified the area to provide cable car service," said executive chairman Datuk Seri Talaat Husain in Kuala
Talaat did not reveal more on the company's plans but hopes that the project will
take off in 2012.
The memorandum of understanding between both companies was signed yesterday in
conjunction with the visit of Austrian President Dr Heinz Fischer.
In his opening address at the Malaysia-Austria Economic Forum yesterday, Fischer
said Austria is keen to explore business opportunities in areas like environmental technology and renewable
Executives from some 45 Austrian companies headed by vice president of the Federal
Economic Chamber Dr Christoph Matznetter joined the president's three-day visit.
They represented various sectors such as machinery, tourism, information and
technology, healthcare and pharmaceutical.