KUALA LUMPUR: CONSTRUCTION [] outfit PINTARAS JAYA BHD [] is targeting to double its order book to RM120 million in the next twelve months, in anticipation of more substructure work.
Its managing director Dr Chiu Hong Keong said the construction industry has been slow in the past two years, but is upbeat on future prospects with the upcoming 10th Malaysia Plan and various projects in the offing.
"This year has continued to be slow. However, upcoming projects like the LRT and MRT expansion line and Warisan Merdeka should generate a lot of work in the next two years. And Pintaras Jaya would be one of the first to benefit from it as we are involved in the piling and substructure works," he said after the company's AGM on Wednesday, Oct 20.
According to Chiu, Pintaras Jaya currently has about RM60 million of contracts in hand to be completed in the next twelve months, and is in the midst of tendering for more projects.
Its managing director Dr Chiu Hong Keong said the construction industry has been slow in the past two years, but is upbeat on future prospects with the upcoming 10th Malaysia Plan and various projects in the offing.
"This year has continued to be slow. However, upcoming projects like the LRT and MRT expansion line and Warisan Merdeka should generate a lot of work in the next two years. And Pintaras Jaya would be one of the first to benefit from it as we are involved in the piling and substructure works," he said after the company's AGM on Wednesday, Oct 20.
According to Chiu, Pintaras Jaya currently has about RM60 million of contracts in hand to be completed in the next twelve months, and is in the midst of tendering for more projects.
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