Salcon Berhad's wholly owned subsidiary, Salcon Engineering Bhd through its joint venture company - Hydrotek-Salcon Consortium, has received and accepted the notice of award from Metropolitan Waterworks Authority (MWA) for the construction of reservoirs for Phet Kasem and Rat Burana distribution pumping stations and related works in Bangkok, Thailand.
The project, which is under the Eight Bangkok Water Supply Improvement Project, is funded by Japan International Cooperation Agency (JICA). It is valued at THB215,739,124 or approximately RM21,991,800 (based on 1.0 THB = 0.10194 MYR ) and is expected to be completed within a period of 2 years.
The scope of the contract includes construction of reservoirs at Phet Kasem distribution pumping station of 40,000 cu.m. and Rat Burana distribution pumping station of 10,000 cu.m and other related works. Total funding from JICA Loan for the projects under the Eight Bangkok Water Supply Improvement Project is approximately Yen 4,462,000,000 or around THB 1,606,320,000 at 0.36 Bt/Yen.
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