WCT confident of RM1.2bil project


Artist impression of WCT

Despite uncertainties due to falling oil prices and a recent bad experience in the Middle East, WCT Holdings Bhd remains confident that its latest RM1.2bil project that was just secured in Qatar will take off as planned and scheduled.

WCT’s 70:30 joint venture (JV) had earlier in the week secured a contract from Lusail Real Estate Development Company to build roads, utilities and underground car parks in Qatar’s capital Doha.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , WCT , Middle East , construction

   

Next In Business News

Batu Kawan net profit eases to RM84.72mil in 2Q
Opensys to cultivate new revenue streams alongside core biz expansions
SunCon secures RM1.72bil in new orders for 1Q24
Magma executive chairman Ismail Abdullah retires
Ringgit appreciates vs US dollar at the close
KLK 2Q net profit declines to RM117.07mil
Teladan to launch projects with RM1.2bil GDV
Bursa Malaysia to close for Wesak Day
Hong Leong Bank to fully subscribe to RM350mil Asean Green Bond to finance green warehousing
Coastal Contracts secures vessel sale and 5-year charter extension

Others Also Read