Ranhill shortlisted for projects in India, Turkey

Ranhill Utilities Bhd has been shortlisted for waterworks-related projects in India and Turkey, paving the way for the company's expansion overseas. 

Director Ahmad Zahdi Jamil said the two were the Tamil Nadu water supply project worth RM1.6bil and Bodrum Peninsular water supply in Turkey worth RM600mil. 

He said the projects would be the company’s first water-related jobs overseas if it were selected to undertake them. 

Zahdi, however, declined to disclose details of the projects or discuss the company's chances of securing them. 

If it were successful, Ranhill subsidiary SAJ Holdings Sdn Bhd would be roped in for the projects, he told reporters at the opening of a seminar for contractors by Deputy Works Minister Datuk Khaled Nordin in Johor Baru last Friday. 

Zahdi said that expanding operations internationally was part of Ranhill's long-term strategy to become a leading player in the global utilities sector. 

He said this also reflected the company's commitment in responding to calls by the Malaysian government to local firms to venture overseas and compete with world-class players. 

On the delay in the signing of the water deal with the Sabah government, which was to have been before the end of last year, Zahdi said there were still a few “unsolved issues''. 

He said officials from Ranhill and the Sabah government were still negotiating and looking at ways to speed up the signing of the agreement.  

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