Econpile secures RM208.7m contract for LRT 3
Published on: Friday, November 17, 2017
Kuala Lumpur: Econpile (M) Sdn Bhd has received a letter of award from Gabungan Strategik Sdn Bhd to undertake bored piling and general infrastructure works for the construction and completion of the Light Rail Transit Line 3 (LRT 3) valued at RM208.7 million.Econpile is a wholly-owned subsidiary of Econpile Holdings Bhd.Stay up-to-date by following Daily Express’s Telegram channel.
Daily Express Malaysia
In a filing to Bursa Malaysia Thursday, Econpile Holdings said the contract, spanning from Bandar Utama to Johan Setia under the Package GS04 Guideway, Station Park and Ride, Ancillary Buildings and other associated works, is for the period of about 34 months.
ADVERTISEMENT
"The contract is the main stream business for Econpile and is expected to contribute positively to the revenue and earnings of the group for the financial year ending June 30, 2018," it added. – Bernama