News about construction

In a note on Thursday, BMI said residential building and non-residential building are anticipated to expand 15.

The job, which involves site clearance, earthworks, piling, pile caps, transfer beams, retaining wall and a sub-basement, was awarded to the company’s wholly owned unit Econpile (M) Sdn Bhd, according to the builder’s bourse filing on Friday.

The scope of works covers the construction, completion, testing and commissioning of two data centre blocks (shell and core), a consumer substation, a water reservoir, as well as related infrastructure and ancillary facilities.

It made a net profit of RM12.

AME Elite said revenue from the property development segment rose 63.

The project, located at Persiaran Simfoni in Symphony Hills, Cyber 9, involves the construction of 64 semi-detached houses measuring 36 by 80 ft and four semi-detached houses measuring 37 by 80 ft.

“This rebound bodes well as it aligns with the 13th Malaysia Plan (13MP) and the National Construction Policy 2030 targets… The 13th Malaysia Plan and the National Construction Policy 2030 sets decisive targets to raise worker productivity, reduce foreign-worker dependence to 15%, [as well as] push for low-carbon infrastructure and smart construction.

Its construction division saw revenue and pre-tax profit jump 79.

West River said the job was awarded by Goodwood Builders Sdn Bhd, the main contractor for the project comprising two blocks of 44-storey suite apartments in Taman Setiawangsa, Kuala Lumpur.

Its total outstanding order book stood at RM3.