Bina Puri secures RM18mil contract

  • Business
  • Monday, 26 Sep 2016

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.
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