Nov 1, 2011

Malaysia - Ireka wins Vietnam hospital contract



PETALING JAYA: Ireka Corp Bhd has been awarded an RM85.1mil contract by Hoa Lam-Shangri-La 1 Limited Liability Co for the construction of the nine-storey City International Hospital at the International Hi-Tech Healthcare Park (IHHP) in Binh Tan District, Ho Chi Minh City, Vietnam.

The contract was clinched via its wholly-owned subsidiary, Ireka Engineering And Construction Vietnam Co Ltd (IECVCL).

The contract comprised the architectural, mechanical, electrical, external and ancillary works for the general hospital.

The City International Hospital, which will be operated by ParkwayHealth (Asia's leading and largest private healthcare service provider based in Singapore), is part of the 37.54 hectare IHHP project, which will consist of world-class private hospitals and mixed-commercial, hospitality and residential developments.

Ireka group managing director Lai Siew Wah said it was a significant achievement for the group to be awarded with yet another construction project in Vietnam.

Works will commence today and is expected to be completed by fourth quarter of next year.

The contract will bring Ireka's order book to about RM1.2bil, of which about RM417mil remains outstanding as at Sept 30.

The Star



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