Tanco wins RM43.37mil contract for ECRL project

KUALA LUMPUR: Tanco Holdings Bhd has secured an engineering, procurement, construction and commissioning contract worth RM43.37mil for the East Coast Rail Link project.

In a filing with Bursa Malaysia, the property firm said its unit, Tanco Builders Sdn Bhd, had secured a letter of award (LoA) for the job from China Communications Construction (ECRL) Sdn Bhd.

Tanco said the LoA will enable the group to expand and strengthen its construction segment.