Advancecon unit to explore partnership with EPCC contractor Teras Impiana


From left: Phum Boon Eng, Managing Director of Advancecon; Datuk Phum Ang Kia, Deputy Executive Chairman; Bavananthan Selvamany, Managing Director of Teras Impiana; and Martin Jayaseelan George Zakaria, Project Director

KUALA LUMPUR: Earthworks and civil engineering services firm Advancecon Holdings Bhd said its wholly-owned subsidiary Advancecon Infra Sdn Bhd is exploring business opportunities with Teras Impiana Sdn Bhd.

Teras Impiana is an engineering, procurement, construction, and commissioning (EPCC) contractor with experience in delivering high-specification and mission-critical environments, including cleanroom manufacturing facilities, healthcare infrastructure and Tier-rated data centres.

In a statement, Advancecon said the parties had signed a memorandum of understanding (MOU) to create a platform to jointly identify, evaluate and pursue suitable project opportunities where Advancecon’s established track record in earthworks, civil engineering and infrastructure delivery can complement TISB’s specialised EPCC, M&E and mission-critical project capabilities.

It said it would explore potential collaboration structures, including joint tendering and project participation, with any confirmed arrangement to be formalised through a definitive agreement, over a 12-month period.

It added the collaboration comes at a timely juncture as Malaysia, including Perak, continues to attract interest in data centres, semiconductor-related facilities, advanced manufacturing and clean energy infrastructure.

"This MOU represents a strategic step for Advancecon as we continue to broaden our participation across infrastructure-adjacent opportunities. 

"By collaborating with a technically specialised EPCC partner such as Teras Impiana, we aim to explore opportunities in higher-specification project segments where civil engineering, infrastructure execution and mission-critical M&E capabilities can complement one another," said Adcancecon managing director Phum Boon Eng.

Teras Impiana managing director Bavananthan Selvamany added that as infrastructure requirements become more specialised, particularly across data centres, healthcare facilities, advanced manufacturing and power-related developments, the ability to combine civil and infrastructure execution with specialised technical systems will be increasingly important.

 

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Advancecon , Teras Impiana , MOU , EPCC

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