Boustead unit wins RM90 million contract to build facility in Malaysia
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
BOUSTEAD Singapore on Monday announced that it has recently been awarded a construction management and construction contract worth RM90 million (S$35 million).
The contract was clinched by BP Engineering Solutions Sdn Bhd, a unit of its wholly-owned subsidiary, Boustead Projects, an industrial real estate solutions provider.
The contract is for the building of a medical device manufacturing facility for a US multinational corporation, to be located at the Kulim Hi-Tech Park in Kedah, Malaysia.
The 1,700-hectare integrated technology park is home to capital intensive and high value-added technology-related industrial sectors such as advanced electronics, telecommunications and semiconductors.
The construction of the facility is expected to be completed in Q2 2015.
The contract adds to Boustead Projects' strategic expansion into Malaysia, where Boustead Projects' 35 per cent-owned joint venture development, iBP @ Nusajaya has been officially launched in Iskandar Malaysia.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
It also raises the Boustead Group's order book backlog to over S$487 million, it said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
