KUCHING: Zecon Bhd has obtained approval from the Sarawak authorities for a RM613.9mil property development project in Semenanjung Demak near here.
Group managing director Datuk Zainal Abidin Ahmad said the company was the turnkey contractor for 4,166 terrace houses in the proposed Petra Indah project for Syarikat Perumahan Negara Bhd (SPNB).
“Earthworks have started and the project is expected to be completed in three years,” he told StarBiz.
Petra Indah will have low and medium-cost houses on 202ha about 6km from the city centre. Zecon had earlier sold the plot, which was part of 808ha it owned, to SPNB.
Zainal said Zecon was in talks with several big-time developers in the peninsula to jointly develop the remaining 606ha into an eco-park township. He said the company expected to conclude negotiations in two months.
“The proposed eco-park township will feature medium to high-end bungalows and houses with low density. The proposed greenery development, planned for a 15-year period, will have an estimated gross development value of RM1.6bil,” he added.
Zainal said a bridge would be built across the Santubong River to link the township.
On Zecon’s Vista Tunku development in Petra Jaya here, he said the proposed 61 shophouses could be completed next year.
Zainal said the company had tendered for two other water-related jobs, the proposed Triang dam and a water pipeline project in Negri Sembilan, where it was awarded a RM77mil water works project last week. The contract involves the construction of the Petaseh intake pumping station, an access road and associated mechanical and engineering works.
The project is expected to start in two weeks for completion in 32 months. Three months earlier, Zecon won a RM125mil contract from the Negri Sembilan Water Works Department to build the proposed Triang transfer tunnel.
Zecon, a leading integrated engineering and construction company, had recently completed the RM750mil permanent campus for Universiti Malaysia Sarawak in Samarahan near here.
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