Ibraco, China partners to set up JV after securing RM568.61 mln contract from Sarawak Metro
KUALA LUMPUR (Nov 10): Ibraco Bhd is expected to set up a joint-venture company with China Railway Engineering Corporation (M) Sdn Bhd (CRECM) and Nanyang Tunnel Engineering Sdn Bhd (NYTE) after securing a project related to the Kuching Urban Transportation System (KUTS) worth RM568.61 million. Ibraco Construction Sdn Bhd (ICSB), a wholly-owned subsidiary of Ibraco [...]
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