KUALA LUMPUR: Advancecon Holdings Bhd has secured a RM41.52 million contract for earthworks and infrastructure works at Southern Ibrahim Technopolis (IBTEC) in Kulai, Johor.
The project, undertaken by subsidiary Advancecon Infra Sdn Bhd, is expected to take 19 months to complete.
It is scheduled for completion on June 3, 2028.
The latest award marks the company’s third contract from JLG Technopark for work at IBTEC.
Advancecon said the development is expected to contribute to strengthening Johor’s position as a regional investment destination.
The latest win will further replenish Advancecon’s outstanding order book, supporting its construction pipeline and providing additional earnings visibility over the contract period.
Advancecon managing director Phum Boon Eng said the contract reflects its technical capabilities and track record in delivering large-scale earthworks and infrastructure projects.
“Johor continues to present opportunities for industrial and infrastructure development, supported by ongoing investments in manufacturing, technology and other high-value industries.
“With IBTEC emerging as an important industrial and technology hub, we are pleased to contribute our expertise towards supporting its progressive development,” she added.