Eversendai Corporation Bhd wins RM316 Million overseas contracts

Eversendai Corporation Bhd wins RM316 Million overseas contracts

KUALA LUMPUR, Nov 23 (Bernama) — Eversendai Corporation Bhd, a provider of specialist engineering and construction services, has secured a string of new contracts worth RM316 million via its subsidiaries in Qatar, India and Malaysia.

In a filing to Bursa Malaysia today, Eversendai said the first contract entailed the construction of a structural steel roof of a theme park at the Doha Oasis Mixed-Use Development, Qatar.

It said the theme park would occupy the central area of a podium and could accommodate 26 or more different rides and attractions.

Eversendai also secured a contract to build the structural steel works of the iconic 182-meter tall statue in Gujarat, India, which is expected to be completed by July 2017.

“It is a tribute to Sardar Vallabhbhai Patel, a visionary leader and statesman hailed as the Iron Man of India due to his pivotal role in the country’s struggle for independence and subsequent integration,” the company spokesman said.

On the local front, it said Eversendai secured three contracts for two separate packages at the Petronas Refinery and Petrochemicals Integrated Development (RAPID) project in Pengerang, Johor.

The first contract consists of the fabrication and supply of structural steel for a refinery package, which is expected to be completed by September next year.

“The other two contracts are for a Steam Cracker Complex and works are scheduled to completed in December next year and August 2018, respectively.”

The company has also been appointed as the main contractor for the construction of a hand glove manufacturing factory in Klang and works are expected to be completed by July next year.

Eversendai Executive Chairman and Group Managing Director Tan Sri A K Nathan said the latest wins brought the company’s projects secured for the year to RM1.5 billion.

He said Eversendai would continue to aggressively pursue a substantial number of commercial and infrastructure projects in the Middle East, India and Malaysia.