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Tuesday, July 14, 2009

Mavtrac keen on construction, property

KUALA LUMPUR: Mavtrac Sdn Bhd wants to get more involved in construction and property projects in the country after being chosen as a preferred vendor to Sime Darby Property Bhd.

»Mavtrac is not displacing existing supply chain members ... « MOHD AZMAN SULAIMAN

Chief executive officer Mohd Azman Sulaiman said the two parties last week signed a memorandum of agreement for Mavtrac to supply construction materials to Sime Darby Property’s selected projects in Malaysia and to facilitate Sime Darby Property’s spend management and strategic procurement.

“Since our establishment in 2007, Mavtrac has been consistently delivering quality materials at prices competitive to the market. To date, Mavtrac has supported contractors delivering projects to an estimated development value of more than RM250mil,” he said at a media briefing yesterday.

Owned by the Finance Ministry, Mavtrac acts as a supply chain integrator to help contractors and project developers with procurement and supply of strategic construction materials.

“Mavtrac works closely with project owners to forward bundle demand, for which price economies of scale are secured and supplied to the projects utilising the existing distributor network and suppliers.

“This way, Mavtrac is not displacing existing supply chain members, but integrates the supply chain for overall value (price, quality and security supply),” Azman said.

Currently, most of the projects that the company were involved in were linked to the Government such as those by the Works Ministry and government-linked companies like UEM World Bhd for its Nusajaya project.

“However, our plan is to expand our business involvement to other property players as we believe we can’t just rely on government-led initiatives only,” he said.

He added that Mavtrac’s role was to help industry players, especially the small contractors, to access materials at fair price and to facilitate the procurement process for efficiency.

“We have already developed strategic partnerships with a number of distributors, wholesalers and manufacturer, and this would make it much easier for contractors and project developers to plan for their business,” he said.

Azman also said Mavtrac would continue to offer value-added services to the construction community, aided by its trading portal,

By The Star

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