Pestech wins US$26mil job in Cambodia - Business News - News Summed Up

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Pestech wins US$26mil job in Cambodia - Business News


KUALA LUMPUR: Pestech International Bhd said its unit in Cambodia has secured a US$26mil (RM106mil) contract to build new electricity transmission line from Oddor Meanchey to Siem Reap. The company, in a filing with Bursa Malaysia, said Pestech Cambodia Ltd had completed the execution of the contract agreement with Schneitec Co Ltd on Tuesday. “The project is expected to commence within one month from the date of the agreement,” Pestech said. The contract is for the the design, engineering, manufacturing, installation, testing and commissioning of a 115kV double circuit transmission line for approximately 75km, as well as two substations. As of end of September this year, Pestech outstanding order book stood at RM1.41bil.


Source: The Star December 19, 2017 10:30 UTC



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