Cypark targets 30% revenue boost for waste-to-energy project

PETALING JAYA: Cypark Resources Bhd is aiming for a 30 per cent boost in revenue or about RM100 million annually from 2017 for its waste-to-energy project in Ladang Tanah Merah (LTM), Negeri Sembilan.

Group Chief Executive Officer Datuk Daud Ahmad said the 25-year LTM concession agreement with the government would be formalised by mid-year, with the LTM construction works set for completion by 2017.