The three residential apartment blocks will comprise a total of 794 free-cost residential units, along with a facility floor, swimming pool, eight floors of podium car park, a guard house, and a Tenaga Nasional Bhd 11kV main switching station.
Meanwhile, apart from overcapacity, Misif has identified low green technology adoption and limited access to quality scrap as among issues that the industry is facing.
Nevertheless, Lim said the local steel industry is still challenging as it is grappling with overcapacity issues, which led to low capacity utilisation at an average of 39.
The elected deputy president was Kenneth Liew Kiam Woon of LFE Engineering Sdn Bhd.
The facility will have a floor area of 166,300 square feet and will be located beside the current ViTrox Campus 3.
The project is slated to be completed within 15 months from the date of commencement, which will be determined by the architect, ARC Alliance Sdn Bhd.
This, along with a healthy pipeline of diverse projects, reinforces their positive outlooks on IJM.
Lin — who is also the managing director of the company — currently holds a 2.
The project — known as Block 2 of the Iskandar Puteri Data Centre — was secured from TM Technology Services Sdn Bhd via its wholly owned IJM Construction Sdn Bhd, IJM said in a statement on Wednesday.
MIDF Research: “Its bulging order book of RM24.
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