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INDIAN Railway Construction Co (Ircon) may be appointed 'nominated sub-contractor' if the government is amenable to the new price offer for the 70% work on the Ipoh-Padang Besar stretch of the multi-billion ringgit double-tracking rail project, said Works Minister Datuk Seri S. Samy Vellu.
THE government will announce the final contract agreement for the RM14.5bil rail double-tracking project after it concludes discussions with Malaysia Mining Corp Bhd (MMC)-Gamuda Bhd on issues related to technical matters, sub-contract works and funding for the project.
THE state-owned Indian Railway Construction Co (Ircon) has come back with a new offer for 70% of the work on the Ipoh-Padang Besar stretch of the multi-billion ringgit double-tracking rail project, Works Minister Datuk Seri S. Samy Vellu said.
WATER concessionaire Puncak Niaga Holdings Bhd has been awarded a contract valued at RM500mil to replace old asbestos water pipes in the Federal Territory, Works Minister Datuk Seri S. Samy Vellu said.
Faaced with heated competition and dwindling order books at home, local construction companies have been urged to equip themselves to seek business opportunities abroad, just as foreign contractors are doing in Malaysia. Otherwise, they may be swept into oblivion.