11 October 2011
KUB Builders Sdn Bhd has won a RM268.8 million contract from Malaysia Airports Holdings Bhd (MAHB) to develop parts of the new low-cost air terminal or Kuala Lumpur International Airport2 (klia2) in Sepang.
KUB Builders, a subsidiary of KUB Malaysia Bhd, will be responsible for the construction of a new 3.96km third runway, parallel taxiways, connecting taxiways and other associated works.
"We won the contract after a tight contest from several competitors. Though it is a challenge for us, our goal is to complete the whole project within its timeline and at the same time to get the job done well in all aspects," said its group managing director Datuk Mohd Nazar Samad in a statement today.
"We are very delighted to be a part of making Kuala Lumpur an aviation hub as it will be the biggest low-cost hub in the region. We fully support the government’s agenda on boosting Malaysia’s tourism sector which will significantly contribute to the country’s economy," he added.
According to the statement, the project is expected to take 16 months to complete and will further consolidate KUB’s business in the Property, Engineering and Construction sector of operations.
It will also strengthen its market presence and continue to diversify its portfolio as well as ability to seek out similar projects in the future, it said.
KUB Builders is Malaysia’s premier Class A Industrialised Building System (IBS) and a Bumiputera contractor with its own in-house precast component manufacturing facilities for buildings and infrastructure.
Source: The Star.
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