On its part, Pintaras said its outstanding construction orderbook worth about RM316 million will help the company “navigate through the next few challenging months” while noting “an upturn in construction activities”.
“The group is optimistic of registering a positive growth in FY2024 supported by our strong existing outstanding order book” totalling RM6.
He stressed that the foreign labour quota for the Chinese company for the ECRL project has previously been approved and is only being extended to ensure the “high-impact” project, which Saifuddin said is close to 70% completion, faces no difficulties.
The research will focus on four objectives, namely the evaluation of physical and chemical properties of fly ash available in Malaysia, assessment of fresh and hardened properties of fly ash concrete, a comprehensive study on the long-term durability and microstructural properties of fly ash concrete, as well as the environmental, sustainability and social impact of fly ash concrete.
In a technical tracker note on Friday, the research house, which has a “trading buy” rating on Econpile, said construction activities are poised for sustained growth in 2024, with the Ministry of Finance forecasting a 6.
The company’s construction arm announced on Wednesday (May 15) that it landed a contract worth RM174.
To be completed in 36 months, the contract is slated for completion by May 21, 2027, Mitrajaya showed in a bourse filing.
LFE said its wholly owned subsidiary LFE Engineering Sdn Bhd had accepted two letters of awards from MLG Design & Construction Sdn Bhd to be appointed as a subcontractor for the hotel project in George Town.
Nanta highlighted that this year's ICW and BuildXpo will also serve as a key platform to showcase the diverse career opportunities available to young people in construction.
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