DefTech targets Cambodia, Myanmar jobs


KUALA LUMPUR: Malaysia’s leading armoured vehicle maker DRB-Hicom Defence Technologies Sdn Bhd (DefTech) is setting its sights on Cambodia and Myanmar, said chief executive officer Amril Samsudin.

“We are finalising a deal with the Cambodian government for a new maintenance, repair and overhaul (MRO) contract for T-55 tanks,” said Amril.

The project, which has an estimated worth of US$50mil (RM161.95mil) to US$60mil (RM194.34mil) for a five-year period, was set to commence by October, he said.

“The project in Cambodia has a great potential judging from the size of its tanks for MRO services,” he told Bernama on the sidelines of the Defence Services Asia Exhibition and Conference 2014 (DSA 2014).

DefTech was also in talks with the relevant authorities in Myanmar for similar MRO contracts, he said. — Bernama

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Business News

Exsim Hospitality bags RM63.5mil interior design job
Chicken Claypot operator lands US$50mil Malaysia data centre deal
Hartanah Kenyalang bags RM284mil construction job
Singapore's PK Green Fund raises stake in Jentayu Sustainables to 13.06%
Bursa Malaysia ends lower despite steady OPR; tech stocks lead gains
IHH hospitals in India, Singapore saw fewer patients from Middle East due to war
MOF: Govt's total 1MDB obligation amounts to RM51.4bil
Gold rises from one-week low as softer dollar lends support
THMY breaks ground on new factory, HQ in Penang
Hedge funds record best first-half performance in 13 years, sources say

Others Also Read