FGV Prodata builds 13 telco towers in Terengganu

by TMR / graphic by MZUKRI MOHAMAD

FGV Holdings Bhd through its subsidiary FGV Prodata Systems Sdn Bhd (FGV Prodata), built 13 telecommunication towers in Terengganu in support of the national digital economy agenda.

FGV Prodata was appointed as the telecommunication tower infrastructure provider by the Malaysian Communications and Multimedia Commission (MCMC) in March under the National Fiberisation and Connectivity Plan Project (NFCP 1), which utilises the Universal Service Provision fund provided by MCMC.

FGV group CEO Datuk Haris Fadzilah Hassan in a statement today said the telecommunications infrastructure provides sustainable, comprehensive, high quality and affordable digital connectivity for residents in Terengganu.

“It aims to increase the speed and stability of internet access in community internet centres which serve to assist small entrepreneurs to increase their income and expand the market of their products. The implementation of this project is important to help students who are learning online,” Haris Fadzilah said.

FGV Prodata has completed 10 telecommunication towers in the Kemaman, Dungun, Hulu Terengganu, Setiu, and Besut districts. Three more telecommunication towers in Kemaman, Hulu Terengganu and Setiu are expected to be completed by end of April and will start commencing this May.

At mid-break, FGV shares were up by one sen or 0.71% at RM1.41, valuing the company at RM5.14 billion.