MHI with the co-operation of the Sumitomo Corporation, is scheduled to complete the contract in 2017, and will build the new 1.4 mile (2.3 kilometre) line and supply 12 new train cars.
The order comes on the heels of MHI's award of a contract on three APM systems for the Orlando International Airport, in July, and with the latest order MHI has now been contracted to supply APM systems to all major airports in the US state of Florida.
In the 1970s Tampa became the world's first airport to operate an APM system linking its terminals, but in recent years, in tandem with plans to modernise its terminals and create a new Consolidated Rental Car Facility, construction of a new APM system connecting the new facilities to the main terminal became an urgent issue.
The contract includes five years of system operations & maintenance after construction is completed, with two additional five-year options, which will be performed together with the Florida headquartered joint venture of MHIA and Sumitomo Corporation - Crystal Mover Services.
MHI is the largest APM supplier in the world, having been selected to provide more cars than any other APM supplier.
In the US it has already supplied systems to Miami International Airport, Washington Dulles International Airport and Hartsfield-Jackson Atlanta International Airport.
Elsewhere, MHI has delivered to Hong Kong, Singapore, Korea and Dubai, capped by a large-scale order for an APM system and 158 cars for the Macau Light Rapid Transit system.