ITMAX secures MCMC approval for RM134.4mil Kota Kinabalu smart city project
KUALA LUMPUR: ITMAX System Bhd has received approval from the Malaysian Communications and Multimedia Commission (MCMC) to be the universal service provider for Kota Kinabalu Smart City Project for an approved project cost of RM134.3 million.
ITMAX System Bhd has obtained approval from the Malaysian Communications and Multimedia Commission (MCMC) to serve as the universal service provider for the Kota Kinabalu Smart City Project, with an approved budget of RM134.3 million. The company's role involves designing, supplying, installing, integrating, testing, commissioning, and maintaining the Network Operation Command Centre and Smart Systems across the city.
The entire service period spans two phases: an implementation period lasting up to 24 months, followed by a five-year operational phase, initiating from the completion of the implementation stage. MCMC's endorsement is anticipated to positively impact ITMAX's earnings and net assets per share throughout the entire project duration.
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