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: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Genetec says EV sector orders lifted Q1 earnings�
Singapore Airlines first-quarter loss narrows on cargo demand boost
Tough going for blue chips, Public Bank dips below key RM4
CGS-CIMB Securities launches two Shariah-compliant products
Public Mutual launches Public e-Pioneer Entrepreneur Fund
Maybank AM launches All-China Focus Equity Fund
Paying household bills automatically via Boost
Keel laying of T7 Global’s MOPU underway in China
PropertyGuru: More homeowners selling property for cash flow
Zafrul: Govt to strengthen fiscal position, broaden revenue base

Stories You'll Enjoy


Vouchers