Propel Global secures RM70mil civil and structural data centre works


Propel Global Bhd executive director/group CEO Angeline Lee

PETALING JAYA: Propel Global Bhd, via its joint venture with China State Construction Engineering (M) Sdn Bhd, has received and executed a letter of acceptance from a Singapore-based multinational company for initial civil and structural works package for a data centre development in Johor Baru.

The contract, valued at approximately RM70mil, covers civil and structural construction works and is scheduled for completion in the first half of 2026.

“The letter of acceptance also includes provisions for potential subsequent phases (optional works), which are expected to be confirmed by the end of 2025.

“If awarded, these additional works would increase the total estimated value of the overall project to approximately RM325mil,” said the oil and gas company in a statement.

“With this award, Propel Global anticipates a significant increase in its order book over the next three years as it continues to pursue opportunities in both the data centre and renewable energy sectors.”

The company said the award is viewed as a “transformational milestone,” affirming its ability to compete in high growth markets, enhancing technical competencies and opening a new chapter of growth beyond traditional engineering, procurement, construction, and commissioning operations.

Executive director/group CEO Angeline Lee said: “This project marks a strategic shift towards higher value digital infrastructure, supported by the group’s established EPCC expertise. Through this award, PCMT will gain additional data centre execution capabilities, benefit from technical knowledge transfer and strengthen its skill sets, all of which will accelerate our ambition to become a recognised player in Malaysia’s digital economy supply chain.”

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI ends marginally higher as ringgit strengthens
China's exports suffer worst downturn since Feb as tariffs hammer US demand
Oil headed for second weekly loss amid lingering supply concerns
Gold gains as dollar weakens, US rate-cut bets grow
Malaysian ringgit rises to 13-month high on rate, growth outlook
Bank Negara reserves up to US$123.8bil at end-October
Most Asia shares slip as investors grow wary of AI rally
Gold VAT trade reform to bring healthier order
Malaysia's industrial production index expands 5.7% in Sept 2025 - DOSM
Bond market in early stages of financing participation for digital infra, date centre - MARC

Others Also Read