Sarawak Construction Projects Continue to Upsurge
New Sarawak Tribune, Photo Credit to New Sarawak Tribune
clock 28-02-2019
hit 563

Leading construction company, Hock Seng Lee Bhd (HSL), expects to continue the trend of increasing construction activities as it has brought many benefits to the company.


The marine engineering and infrastructure firm said the Sarawak government’s newly rolled out mega sized infrastructure projects offer new contract opportunities for the group.

Projects include the Sarawak coastal road and second trunk road as well as water works projects. They are currently mostly in the tendering stage, noted HSL.

“Project procurement is undertaken in line with our prudent project management strategies, taking due consideration of the capacity, capabilities and competitive advantages of the group,” added HSL as it released the company’s latest quarterly and financial year results.

The company currently has 17 on-going contracts, including new property development launches. The new contracts include construction works for Petronas’ latest training centre and packages for infrastructure related to Sarawak Energy Bhd’s Matang substation.

The group completed some RM92 million worth of property projects last year, comprising mostly the Eden Commercial Centre shophouses and industrial building for Vista Industrial Park Block 1.




WHAT DO YOU FEEL ABOUT THIS?

0
LOVE
0
HAPPY
0
SURPRISED
0
SAD
0
ANGRY


COMMENTS
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.

SIGN UP NEWSLETTER

logo
Monthly Column
The staple of your property-related materials. It's all about being ahead of the game and with The Column, you get carefully selected information that will keep you informed and running with the pack. The best news, articles and properties on the market from the Property Hunter portal, conveniently wrapped and ready, just for you.

logo
Weekly Window
Your weekly dose of what's hot and what's not in property. The window is your view into the realm of real estate in Malaysia, curated from our portal based on the most popular pieces over the week. For those who just can't get enough, this is for you. Ain't nobody got time for dailies anymore, weekly is the new daily.