Ireka clinches RM85m Vietnam hospital project

KUALA LUMPUR (Oct 31): Ireka Corporation Bhd's unit has secured a RM85.14 million contract for the proposed City International Hospital project in Ho Chi Minh City, Vietnam.

Ireka said on Monday its unit Ireka Engineering and Construction Vietnam Co Ltd was awarded the contract by Hoa Lam-Shangri-La 1 LLC.

"The contract period shall be 11 months with the commencement date on Nov 1, 2011 and the expected completion date on Sept 30, 2012," it said.

Ireka said the contract involved the construction and completion of the architectural, mechanical, electrical, external and ancillaries works.

It expected the contract to contribute positively to the group's earnings for the financial years ending March 31, 2012 and 2013.