Ibraco’s order book grows with Sarawak transport project

PETALING JAYA: Ibraco Bhd’s latest job award from Sarawak Metro Sdn Bhd is viewed positively as this increases the group’s outstanding construction orderbook and supports earnings growth going forward.

Ibraco, part of a consortium that comprises China Railway Engineering Corp Malaysia (CRECM) and Nanyang Tunnel Engineering Sdn Bhd (NYTE), has secured a RM568.6mil construction project for the Kuching Urban Transportation System (KUTS) from Sarawak Metro.

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Ibraco Bhd , Sarawak Metro Sdn Bhd , Ibraco , SarawakMetro , KUTS , ConstructionAward , Orderbook , Earnings

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