Sunway gest RM147.36m Putrajaya contract

Sunway Holdings Bhd's wholly-owned subsidiary Sunway Construction Sdn Bhd has accepted the letter of award for a contract worth RM147.36 million from Putrajaya Holdings Sdn Bhd.

The contract is for the proposed design, construction and completion of a 16-storey three-star hotel and one block of 11-storey office tower.

The proposed project is expected to begin on Oct 7, with a construction period involving 36 months, the group said.

It is expected to contribute positively to the group's earnings for the financial year ending Dec 31, 2010, onwards.

By Bernama