Nova MSC bags RM4.65mil contract in Singapore


The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

KUALA LUMPUR: Nova MSC Bhd's wholly-owned subsidiary, novaCITYNETS Pte Ltd (NCN), has bagged a RM4.65 million contract from the Urban Redevelopment Authority of Singapore to implement and provide maintenance support for an Intelligent Code Checking System (ICCS).

In a statement, Nova MSC said the contract involves the adoption of Nova MSC's cutting-edge FORNAX ePlanCheck system to undertake the implementation of the ICCS in the city-state.

FORNAX is a module driven by Artificial Intelligence to automate the checking process of 3D BIM Building Plans and compute the Gross Floor Area (GFA), thus cutting down the process of manual GFA calculation to just hours, as compared to several weeks previously.

The contract marks Nova MSC's second government contract in Singapore after its RM15.4 million contract from the Public Utilities Board, which was clinched in June 2018. - Bernama

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read