Advancecon bags RM44.6mil construction contract from Sime Darby Property


Advancecon Holdings Bhd group chief executive officer Datuk Phum Ang Kia

KUALA LUMPUR: Advancecon Holdings Bhd’s wholly-owned subsidiary, Advancecon Infra Sdn Bhd has secured a RM44.6mil contract by Sime Darby Property Sdn Bhd for the construction of main infrastructure works for Phase 3 - Parcels 2 and 3 of the proposed development at Elmina West, a key component of the City of Elmina.

The scope of the contract encompasses comprehensive main infrastructure works, including roads, drainage systems, water reticulation, sewerage, telecommunication, and other essential infrastructure designed to support the long-term growth and sustainability of the Elmina West community.

The project is expected to be completed over 18 months, on July 1, 2026.

“This contract further underscores the strength of our partnership and our ability to deliver infrastructure solutions that meet their requirements. Having worked on multiple projects with Sime Darby Property, we are committed to upholding the quality and efficiency that they have come to expect from Advancecon,” group chief executive officer Datuk Phum Ang Kia said in a statement.

“This project is another opportunity for us to contribute to the development of Elmina West, a key township in Selangor, by ensuring the timely delivery of high-quality infrastructure works. As a company, we remain dedicated to maintaining the highest standards of quality, safety, and efficiency, which form the foundation of our enduring partnerships.” Advancecon’s unbilled order book value has increased to RM321.6mil as of Sept 30, 2024.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Advancecon , Sime Darby Property

   

Next In Business News

Northport inks deal to acquire new quay cranes
Indonesian rupiah, Malaysian ringgit lead losses; markets eye rate calls
Infomina secures RM11.6mil deal to support HKEX’s tech infrastructure
DRB-Hicom inks two MoUs to promote investment, explore R&D and talent development in AHTV, Perak
Pekat Group completes 60% acquisition of Apex Power, expands into power equipment business
Perdana Petroleum's unit secures vessel charter contract with IPC Malaysia
China steps up efforts to open up its capital market
Oil eases from highest in weeks, investors eye Fed rate cuts
Pengerang Energy Complex secures US$3.5bil project financing from global export credit agencies
Gamuda wins RM1.8bil contract for Goulburn River Solar Farm in Australia

Others Also Read