Friday, 29 January 2016
KUALA LUMPUR: I-Bhd’s wholly-owned unit, City Centrepoint Sdn Bhd, has awarded the contract for earthworks, piling and sub-structure works for the Hilton project in i-City, Shah Alam, to Pintaras Jaya Bhds (Pintaras) wholly-owned subsidiary, Pintaras Geotechnics Sdn Bhd.
In a statement, I-Bhd said the contract is valued at RM67.6mil with a completion period of 14 months. It said the 50-storey project was worth RM1bil in gross development value (GDV), and the groundbreaking ceremony was expected to take place in February.
“The Hilton project is strategically located next to CentralPlaza Mall, a joint venture between I-Bhd and the Central Group of Thailand.
Together with the earlier contract awarded on Jan 15, 2016 for the CentralPlaza Mall Project at i-City, both the contracts awarded to Pintaras Geotechnics by the I-Bhd Group totalled RM104.4mil,” it added. — Bernama
Credit : http://www.thestar.com.my
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