Naza EC to grow order book to RM3b this year

By Nst Business - March 5, 2018 @ 9:55am

The Malaysia International Trade and Exhibition Centre (MITEC), which is one of the country’s largest exhibition venue was developed by Naza Engineering & Construction Sdn Bhd. [NSTP photo]

KUALA LUMPUR: Naza Engineering and Construction Sdn Bhd (Naza EC), the main construction arm of Naza Group, is targeting to increase order book to RM3 billion by the end of this year.

Joint chief operating officer Mohd Fuad Hashim said the company did well in 2017 where it had successfully secured projects with an accumulated order book value of RM1.1 billion.

These projects, which were for construction and infrastructure works, will keep the company busy over the next two to three years, he said in a statement.

For this year however the group is targeting to add another RM2 billion through road infrastructure works, irrigation works and building construction that will boost the company’s order book value to RM3 billion.

Mohd Fuad believes this objective is possible as the company will tap into the government's efforts to boost the construction sector in 2018 through projects such as government housing, East Coast Rail Link (ECRL), Mass Rail Transit 2 (MRT2), High Speed Rail (HSR) and other infrastructure works.