ZELAN JV SECURES RM248M TERENGANU DRAWBRIDGE PROJECT
ZELAN JV SECURES RM248M TERENGANU DRAWBRIDGE PROJECT
The Star Online
Business News, Thursday July 31, 2014
KUALA LUMPUR: A Zelan Bhd joint venture has secured a RM248.73mil contract to build a drawbridge connecting Muara North and Muara South in Kuala Terengganu City Centre.
Zelan said on Thursday the East Coast Economic Region Development Council (ECERDC) had issued a letter of acceptance to the JV of Zelan-Hasrat Sedaya Consortium. Zelan has a 70% stake in the JV.
The contract duration for the 632 metre long and 23 metre wide bridge is 135 weeks, starting Aug 13 and to be completed by March 14, 2017. The clear span of the drawbridge is 50 metres long.
"The project site is located between Muara North and Muara South, the two reclaimed areas on the north and south of the Terengganu River," it said, adding the bridge would link the Kuala Terengganu city across the north and south of the Terengganu River until the Sultan Mahmud Airport