File pic of a project undertaken by Zecon. The project was part of the Triang water supply scheme for the transfer of raw water via tunnel and pipelines from Sg. Triang at Petaseh intake in Jelebu district to the treatment plant in Seremban district.
KUALA LUMPUR: The Zecon Bhd
-Kimlun Sdn Bhd JV has secured a RM1.46bil contract to build and upgrade phase one of the Pan Borneo Highway in Sarawak.
Construction company Zecon said on Thursday the JV received the letter of award for the project under phase one, from the Serian roundabout to Pantu junction.
The contract is for 48 months, it said. Zecon holds a 70% stake in the JV and Kimlun the remaining 30%.
“A joint venture company will be incorporated in due course to undertake the contract as part of the condition imposed in the tender for the contract,” it said.
Meanwhile, Kimlun said the project was awarded by Lebuhraya Borneo Utara Sdn Bhd.
The estimated completion date is March 2020.
The RM29.9bil toll-free highway project will cover 2,239km in Sabah and Sarawak, with the Sarawak portion to cost RM16.1bil.
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