KUALA LUMPUR, Advancecon Holdings Bhd has clinched a RM66.9 million contract to carry out earthworks and related infrastructure works for the Southern Ibrahim Technopolis (IBTEC) project in Kulai, Johor.
In a filing, the company said its wholly-owned subsidiary, Advancecon Infra Sdn Bhd, had received a letter of acceptance from JLG Technopark Sdn Bhd for Package 1 of Phase 1 of the massive township development.
Advancecon Holdings Bhd has secured a RM66.9 million contract to undertake earthworks and ancillary works for Southern Ibrahim Technopolis (IBTEC) in Kulai, Johor.
Spanning 2,950 hectares in Sedenak, IBTEC was designated in 2021 as the sixth flagship zone of Iskandar Malaysia. The development is positioned to become a model circular city within the Johor-Singapore Special Economic Zone, driving investment, digital infrastructure expansion and sustainable urban growth in southern Johor.
“This contract strengthens our footprint in Johor while reinforcing our commitment to deliver infrastructure that supports long-term economic development, sustainability and regional connectivity,” said Advancecon group chief executive officer Datuk Phum Ang Kia.
Advancecon noted that participation in IBTEC’s early-stage development underscores its ability to play a role in one of Malaysia’s most ambitious township and economic zone projects.
The group added that it will continue to capitalise on its expertise in earthworks, quarry operations, construction and renewable energy to secure its position as a preferred partner in infrastructure and township development nationwide.
