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UEM Edgenta and SEDC's units collaborate to promote economic development in Sarawak

11/03/2022 07:10 PM

KUALA LUMPUR, March 11 -- UEM Edgenta Bhd’s wholly-owned subsidiary, Opus International (M) Bhd (OIMB), and Sarawak Economic Development Corporation’s (SEDC) unit, PPES Consults Sdn Bhd (PCSB), are conducting a joint collaboration to promote economic development in the state. 

The parties entered into a joint venture via a shareholders agreement through Opus Consultants (Sarawak) Sdn Bhd (OCS).

In a joint statement today, they said the joint venture would be 51 per cent-owned by PCSB and 49 per cent-owned by OIMB, propelling further sharing of resources to ensure smooth delivery of mega infrastructure projects in Sarawak.

“This collaboration will also support the development of local expertise with OCS providing project management and engineering design consultancy services for Sarawak’s key construction and engineering projects,’’ they said.

SEDC general manager Abdul Hadi Abdul Kadir said he is confident with Opus’ expertise in project management and engineering design to achieve the objective of promoting economic growth and enhancing the livelihood of the people of Sarawak.

OIMB managing director Ir Dr Tony Chan said the collaboration could further assist Sarawak to achieve developed economy status by 2030.

Through the strategic partnership, the parties will collaborate over the next five years, focusing on innovation exchanges to develop and build technical engineering capabilities across the commercial, industrial and socio-economic sectors of Sarawak.


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