Sunway Construction Group Bhd has secured a significant contract valued at RM747.8 million to construct a data center for a prominent US multinational technology corporation based in Selangor.
According to the construction company, its total outstanding order book presently stands at RM6.9 billion. The group has successfully secured new projects totaling RM1.6 billion this year, including the aforementioned endeavor.
In a recent disclosure to Bursa Malaysia, SunCon announced that its wholly-owned subsidiary, Sunway Construction Sdn Bhd, has formalized a project services agreement with a US-based technology corporation for the aforementioned construction project. The contract, inclusive of withholding as well as sales and service taxes, amounts to RM747.8 million.
Scheduled to commence no later than May 15, 2024, the project will be divided into four sections, each with designated completion dates. The final section is anticipated to be finished by the second quarter of 2027.
