SCIB announced that its subsidiary SCIB Industrialised Building System Sdn. Bhd. has been awarded a contract in relation to the proposed development of 632 housed under the Prima 1Malaysia Housing Project in Kota Bharu Kelantan.
SIBS has accepted a revised Letter of Award and Acceptance (RLOA) from AUEI Teras Holding Sdn. Bhd. on 8 April 2024. This revised agreement entrusts SIBS as the main contractor for the esteemed PR1MA housing project with a project value of RM162 million. The award is based on the earlier contract awarded in 2021 for the initial Engineering, Procurement, Construction, and Commissioning contract awarded to SCIB Properties Sdn. Bhd.
This partnership aims to deliver 632 residential units within a 36-month construction period, followed by a 24-month defect liability period, exemplifying SCIB’s commitment to quality and sustainable community development.
