IJM bags 2 building contracts worth RM422m in Penang

IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corp Bhd, has secured two contracts for the construction of a manufacturing facility and a commercial tower in Penang worth RM422.18 million in total.

These job wins in Penang came on the heels of IJM securing two major contracts in Selangor last month — a RM831 million construction contract for a government hospital in Kapar and a RM150.8 million contract for the construction of an Inland Revenue Board (IRB) office tower in Shah Alam.

In a statement, the company said IJM Construction received a letter of award (LoA) from ASE Electronics (M) Sdn Bhd (ASE), the Malaysian subsidiary of Advanced Semiconductor Engineering Inc, a global provider of semiconductor manufacturing services in assembly and test, for the construction of its new chip assembly and testing facility with a contract value of RM341.39 million.

Located in Penang’s Bayan Lepas Free Industrial Zone, the construction of ASE’s new semiconductor assembly and testing facility will comprise two buildings, called Plants 4 and 5, with a built-up area of 982,000 sq ft.

The two buildings will be constructed over two phases consisting of a six-storey production floor space, office space, multi-storey car parks, a link bridge as well as a centralised utility building base. The project is scheduled for completion in 2025.

“The client has called for green construction methods that emphasises ecological balance, conservation, and resource recycling and reuse to be adopted for the project,” said IJM group CEO/MD Liew Hau Seng.

To date, IJM Construction said it has completed 26 green building projects while two projects are currently in progress.

The other contract secured by IJM Construction is for the construction of the 45-storey Maritime Signature commercial tower located at Karpal Singh Drive in Georgetown.

Jurutama Sdn Bhd, a wholly owned subsidiary of IJM Construction received the LoA with a contract value of RM80.79 million from Bionic Development Sdn Bhd in October, the company said in the statement.

Construction for the commercial tower comprising office suites, shop lots, duplex units and car parking podium is set to commence in December 2022 and will be completed within 42 months.

Among IJM Construction’s ongoing construction projects in Penang include Mezzo residential tower, a 34-storey hotel and office tower, Waterfront Shoppes retail mall and Penang Waterfront Convention Centre at The Light City, Gelugor, as well as a factory expansion for leading electronics manufacturing firm, ViTrox Corp Bhd’s facility in Batu Kawan Industrial Park.

IJM Construction said its orderbook now stands at RM4.8 billion. — TMR / pic source IJM