WCT Holdings Bhd has expanded its overseas project portfolio after securing a sub-contract worth RM926.21 million from United Arab Emirates-based Construction General Contracting House Ltd to undertake works for a residential development in Abu Dhabi.
In a filing with Bursa Malaysia, WCT said the project is owned and developed by Aldar Development LLC-OPC, a subsidiary of one of Abu Dhabi’s prominent property developers.
The contract, known as the Yas Riva Residences Works Package, involves the construction and completion of six residential buildings located on Plot C54 and C55. Each building will comprise 11 levels and will be supported by a shared basement facility.
The scope of works includes the construction activities required to deliver the residential development, further strengthening WCT’s presence in the Middle East construction market.
According to WCT, the sub-contract works are expected to commence in the third quarter of financial year 2026 and are scheduled to be completed within 1,218 days from the commencement date.
The company said the project is expected to contribute positively to its future earnings and order book, while enhancing its track record in delivering large-scale international property and infrastructure developments.
WCT added that neither the directors nor major shareholders of the company, nor any persons connected to them, have any direct or indirect interest in the sub-contract.
The latest contract win reflects WCT’s continued efforts to grow its construction business beyond Malaysia, leveraging its experience and capabilities in undertaking complex developments across regional markets.
