Aneka Jaringan bags RM53.4mil piling contract for IOI Rio City Town Centre
KUALA LUMPUR: Piling and foundation specialist Aneka Jaringan Holdings Bhd has secured a RM53.35 million contract to undertake bored piling works for the IOI Rio City Town Centre development in Puchong, Selangor.
Aneka Jaringan Holdings Bhd has secured a RM53.35 million contract for bored piling works on the IOI Rio City Town Centre development in Puchong, Selangor. The award, issued by EDP Consulting Group Sdn Bhd, covers the construction and completion of bored piles for the proposed development situated at Bandar Puteri Puchong. The 100-acre mixed-use development, valued at RM12 billion, is being undertaken by IOI Properties Group Bhd.
The project began on Oct 20, with a targeted completion date of Aug 19, 2027. Aneka Jaringan expects the contract to positively impact its consolidated earnings and net assets for the financial year ending Aug 31, 2027.
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