Bina Puri secures RM18mil contract

KUALA LUMPUR: Bina Puri Holdings Bhd has secured a contract worth RM18mil from Punj Lloyd Sdn Bhd for the execution of package- building plant and non-plant (Part-A) for Package 22 at the Refinery and Petrochemical Integrated Development (RAPID) Project.

In a statement, Bina Puri said its wholly owned subsidiary, Bina Puri Sdn Bhd had accepted another Letter of Award from Punj Lloyd.

It said the work shall be completed within 11 months with the scope of work includes of civil, structural and architectural works for buildings (i.e. sub-station, field auxiliary room and operator shelter building), pump stations and foundation of vessel and packages.
This is the second contract awarded by Punj Lloyd Sdn Bhd and the fourth project awarded with Petronas Pengerang in Johor.
The first contract worth RM73mil signed on June 9, 2016 to construct pipe sleeper and underground services and the other two contracts that were secured in RAPID were the RM94.94mil of civil works at the Steam Cracker Complex on Sept 3, 2015, and the RM230mil contract to construct two main control buildings and four labs on Oct 20, 2015.

To date, the total project secured for year 2016 is worth RM841mil.
“As a landmark builder, we have shown our ability to take on any type of contract and the complexities of it all.
“Bina Puri will see its involvement in many more construction projects this year outlined by the government in Budget 2016 and the 11th Malaysia Plan,” Bina Puri’s group executive director Matthew Tee said in a statement.
With the latest contract, the group’s unbuilt orderbook stands at RM2.02bil as at to date.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Business News

Bank Negara adds two companies to money services business alert list
Top Glove’s billionaire founder buys stake in education firm
FBM KLCI breaks below 1,600-mark
Bitcoin hits record high of US$62,575
Perodua launches Aruz in Singapore, priced at RM286,409
Grab set to announce deal with US SPAC at US$40 bil valuation
Indonesia's trade surplus seen shrinking in March
China shares dip as strong trade data fuels tightening concerns
MRT to raise private funds to finance 10-30% MRT3 project
Perodua Aruz launched in Singapore

Stories You'll Enjoy