Tuju Setia Bhd is tendering for RM3.8 billion worth of projects mainly to construct high-rise buildings, as well as to design & construct hospitals.
Tuju Setia’s Managing Director Mr. Wee Eng Kong said that in the past two months, the Group had been invited by established property players to submit tenders for residential and non-residential high-rise projects.
Simultaneously, there had been a pickup in tender queries for the design & construction of healthcare facilities including hospitals, particularly from the private sector, to alleviate the issue of hospital bed shortage in Malaysia.
“We see positive prospects, even amidst economic dampened sentiment. Our track record with reputable property developers is advantageous, as we stand to support their new launches to sustain their pipeline.
Similarly, our credentials as a CIDB1-registered Grade G7 and category B29 contractor permits us to undertake construction of healthcare facilities and hospitals.”
“The outcome of these RM3.8 billion tenders would potentially add to our current outstanding order book of RM1.2 billion to fuel our future growth”.
Tuju Setia’s RM1.2 billion order book comprises works packages for Mutiara Central Office Suites (Cheras), Riana Dutamas – Phase 2 (Segambut), The Pulse Residence (Bandar Puteri Puchong), Emerald Hills – Phases 3 and 4 (Cheras), TUAI Residence (Setia Alam), 121 Residences
(Petaling Jaya), One Equine (Seri Kembangan) and the Kajang Women and Children Hospital. These projects are expected to sustain Tuju Setia’s profitability until FYE2026.