SCIB UNITS SECURE EPCC CONTRACTS WORTH RM271.1 MLN
KUALA LUMPUR, Dec 3 -- Sarawak Consolidated Industries Bhd's (SCIB) wholly-owned subsidiaries, SCIB Industrialised Building System Sdn Bhd and SCIB International (Labuan) Ltd have accepted two engineering, procurement, construction and commissioning (EPCC) contracts, worth RM271.14 million.
In a statement today, SCIB said the first contract, awarded by Dermaga Makmur Sdn Bhd, was to construct new school with 12 classrooms, six units of residences for teachers and other facilities at Sekolah Kebangsaan Kalor, Betong, Sarawak with an estimated value of RM18.3 million and was expected to be completed in March 2022.
The second contract, given by Pavilion Qatar Engineering Co. W. L.L., is for civil works - fire water project (47,000 metres) at Ras Laffan Industrial City - Power Station - in Qatar valued at US$62 million (equivalent to RM252.84 million) and is expected to be completed in November 2021.
SCIB group managing director/chief executive officer Rosland Othman said these projects had strengthened the group's order book to RM1.7 billion and achieved an internal order book target of RM1.5 billion for 2020.
"These successful bids are expected to improve our earnings for the next 12 to 18 months.
"We hope to pursue other projects locally in the coming year that will allow us to roll out more infrastructure developments for the people’s welfare,” he said.
-- BERNAMA
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