Pansar secures RM777mil contract for Sarawak-Sabah link road


KUALA LUMPUR: Pansar Bhd has secured a RM777.1mil construction contract from Maltimur Aktif Unggul JV Sdn Bhd, via pre-qualified open tender.

In a filing with Bursa Malaysia, Pansar said its wholly owned subsidiary, Perbena Emas Sdn Bhd received a letter of acceptance from Maltimur Aktif for a project related to Package 4A (RH Aling to Bukit Pagon) of the Sarawak-Sabah Link Road (SSLR) Phase 2 project.

“The scope of work involves the construction of 54 km of R3 JKR Standard road from RH Aling to Bukit Pagon, including three bridges.

“It also includes site clearance, earthwork, drainage work, geotechnical work, road furniture, traffic management, environmental management and electrical work,” Pansar said.

The contract is for 48 months and the project is scheduled to commence today.

Pansar said the SSLR, once completed, will enhance road connectivity, linking communities in Sarawak and Sabah without crossing international borders.

This will ease the movement of people, bolster economic activities, and stimulate local economies.

“The contract is expected to contribute positively to the earnings and net assets of the group as the project progresses during the contract period,” it said.

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