WCE's construction arm clinches West Cost Expressway works worth RM301mil


KUALA LUMPUR: WCE Holdings Bhd's construction arm KEB Builders Sdn Bhd (KEBSB) has been awarded works for the construction of Section 7B of the West Cost Expressway project worth RM301 million.

KEBSB has accepted a Letter of Award by IJM Construction Sdn Bhd-Kumpulan Europlus Bhd Joint Venture, the engineering, procurement and construction contractor (EPC Contractor) of the project.

With this, all the construction packages for the entire alignment of the West Cost Expressway project have been fully awarded, WCE said in a filing with Bursa Malaysia today.

"As per the concession agreement signed with the government dated Jan 2, 2013 and the supplemental agreement dated Dec 11, 2014, the procurement method for Section 7 is to be carried out by way of an open tender.

"However, in the interest of time and cost, the government has approved the procurement method of Section 7B to be implemented by way of a direct award to KEBSB," it said.

Section 7B is approximately 10km in length from the beginning of the Assam Jawa Interchange towards the Tanjung Karang Interchange.

WCE said the completion period of the job is 30 months from the construction commencement date.

The West Coast Expressway project is jointly developed by the Public Works Department Malaysia (JKR) and WCE's 80 per cent-owned subsidiary, West Coast Expressway Sdn Bhd, involving a development of 313 km highway. - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Central Global's unit bags RM183.29mil sub-contract from Pembinaan Urusmesra
ECA Integrated Solutions signs underwriting agreement with UOB Kay Hian for IPO
Ringgit ends lower against US$ on expectation aggressive US monetary policy will continue
China's yuan ends at weakest since global financial crisis, hits record low offshore
RHB Bank issues RM500mil subordinated notes under MCMTN programme
S P Setia kickstarts green partnership wtih TNB
Bursa Malaysia ends broadly lower amid global recession concerns
Sime Darby Motors to distribute BYD EVs in Malaysia
Uchi Tech disposes of Penang Island tract for RM19mil
K-One Tech unit gets nod from Health Ministry for silicone adhesive tapes

Others Also Read