Advancecon wins RM418mil tech park deal

PETALING JAYA: Advancecon Holdings Bhd’s wholly owned subsidiary, Advancecon Infra Sdn Bhd, has secured a RM417.7mil contract from Advancecon Development Sdn Bhd, another indirect wholly owned subsidiary of Advancecon.

The contract appoints Advancecon Infra as the main contractor for the development of the Silver Valley Technology Park in Perak. In a statement, Advancecon said the group’s unbilled order book has risen to RM739.3mil as of Sept 30 following the latest contract win.

The contract spans 36 months and covers a range of tasks, including key infrastructure work and external mechanical and electrical services. The work will include site clearing, earthworks, road and bridge construction.