HSS-linked firm bags ECRL deal worth up to RM82.5m

PETALING JAYA: HSS Engineers Bhd’s associate company, HSS Integrated Sdn Bhd (HSSI), has bagged a East Coast Rail Link (ECRL) contract from China Communications Construction (ECRL) Sdn Bhd for a value up to RM82.5 million.

HSS told Bursa Malaysia that HSSI has been appointed as the supervising consultant for infrastructure works for ECRL Package 1 project from KM0 to KM231.5.

The contract will start in the first quarter of 2018 and slated for completion within the second quarter of 2024.

Previously, HSSI had also secured contracts as the design consultant for scheme designs of ECRL phase 1 and phase 2, in addition to being the preliminary design consultant for infrastructure works for ECRL from KM0 to KM220.

With this latest award, HSS has exceeded its RM150 million contract wins target. Its total contract value thus far stood at close to RM176 million.

The contract is expected to contribute positively to HSS’ revenue, earnings and net assets for the financial years ending Dec 31, 2018 to Dec 31, 2024.