Lebtech has informed that its subsidiary Lebtech Construction Sdn Bhd has accepted a Letter of Award issued by Vista Infinity Development Sdn Bhd, in relation to an erosion prevention project in Pahang, the Award of Dredging, Reclamation, Shore Protection & Revetment Sub-Contract Works.
The Scope of Work involves the supply of Sand from the designated Sand Source to the Reclamation/ Beach Nourishment area, providing all the preliminaries and site management necessary for the successful project implementation and completion. The mobilisation of all dredging plant and equipment necessary for the project and demobilisation of the same upon works completion and ensure they comply with all the requirements imposed by the relevant authorities.
The contract Value of this project amounts to RM55.3 million and will commence on 3rd May 2023 with the targeted completion date for a total of Thirty-Three (33) Months from the Commencement Date.
LEbtech said the project is expected to contribute positively to the earnings of Lebtech Berhad from the financial year ending 31 December 2023 onwards.
