PETALING JAYA: Bina Puri Holdings Bhd has won a RM247.84mil job to plan, design and build a government fishery complex in Kuching, raising its unbuilt order book to RM1.93bil.
It said in a filing with Bursa Malaysia that its wholly-owned subsidiary Bina Puri Construction Sdn Bhd had entered into agreement with concessionaires Blessed Builders Sdn Bhd and Pangkalan Ikan Central Sdn Bhd for the contract.
Construction of the complex, which will take 36 months, is to start once Pangkalan Ikan Central and its financier achieve financial close.
The project will see Bina Puri undertake piling, building, mechanical and electrical works, civil, infrastructure and external works, marina works, landscaping, signages and furniture for the concessionaires.
Bina Puri said the complex would create a buoyant fishery industry for Sarawak by integrating the upstream and downstream economic activities of the fishery industry in a one-stop centre.
“This is yet another major project for Bina Puri where we are actively participating in building the economic and social progress of Sarawak,” group managing director Tan Sri Datuk Tee Hock Seng said.
The new Fisheries Development Authority of Malaysia complex would serve a larger number of fishermen from the Western coastal region of the state as opposed to the current facility at Bintawa inside the Sarawak river barrage where vessel movement was restrictive, he added.
The facilities at the complex are to include a marketing hall, an administrative block, a multi purpose hall, and the central utility building, among others, a canteen, a surau, a fish box storage area and a jetty. It would also provide a fuel distribution depot for the local fishermen and spur fishery-related activities.
“With the new fishery complex, the Sarawak government will be able to spearhead the development of its fishery-related industry and improve the quality of products from the state.
“We see a complex that would also provide employment opportunities and improve the overall living standard of local communities as well as its surrounding areas through the fishery-related industry,” Tee said.
Bina Puri’s previous projects in Sarawak include the State Legislative Assembly complex in Petra Jaya and the 13-storey Plaza Merdeka Commercial Complex and Hotel at Pearl Street, Kuching.
The group said it was “confident” of securing more projects this year.
Bina Puri rose half a sen at the close to 71 sen, off its day-high of 75 sen, with some 9.96 million shares traded. The counter hit a peak of 78.5 earlier this month.
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