KUALA LUMPUR: BBCC Development Sdn Bhd, the developer of the RM8.7bil Bukit Bintang City Centre at the former Pudu Prison site, has awarded a RM221.9mil contract to Ahmad Zaki Resources Bhd
’s (AZRB) unit Ahmad Zaki Sdn Bhd.
In a filing with Bursa Malaysia, AZRB said the subsidiary received the letter of award for Substructure Package B2 (Parcels 4 and 5): earthworks, piling, diaphragm wall, RC works, transmission main intake substation (PMU) and main distribution substation (PPU) works.
The company said the works were expected to contribute positively to the group’s future earnings.
It was reported that Phase 1 of the Bukit Bintang City Centre project, which makes up about half of the total gross development value of RM8.7bil, would be completed by December 2020.
The entire project will comprise a retail mall, a four-star hotel, an entertainment hub, serviced apartments, hotels, strata offices and an 80-storey three-in-one signature tower housing corporate offices, a five-star hotel and luxury residences.