KUALA LUMPUR: RANHILL HOLDINGS BHD expanded its regional prospects with the signing of three Memorandums of Understanding (MoU) with Indonesia’s PT Jasa Sarana.
In a press release today, Ranhill said that this will see the two parties cooperate to explore opportunities for the joint development and implementation of infrastructure projects in the West Java Province.
Ranhill said that this joint agreement will enable Ranhill to collaborate with PT Jasa Sarana on strategic projects which include a geothermal power plant and mini hydro power plant, as well as the management of a regional waste management and final processing project in the West Java Province.
The MoU signing ceremony was witnessed by Governor of West Java, Ridwan Kamil, with Ranhill Group’s President and Chief Executive, Tan Sri Hamdan Mohamad and PT Jasa Sarana’s Director, Dyah S H Wahyu Sari.
Hamdan commented in the release, “We are pleased to embark on this agreement with PT Jasa Sarana, an established Indonesian company involved in infrastructure projects, including regional development.
This will certainly enable us to tap on strong prospects in the Indonesian market. With our proven track record and expertise, we are confident that we will be able to contribute to the development of strategic infrastructure projects in the West Java Province.”
Ranhill is a Malaysian conglomerate with interests in environment and power sectors. It provides water supply services, operates water and wastewater treatment plants, and provides specialised services in the management and optimisation of water utility assets.
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