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MGB lands turnkey project to develop industrial estate in Kertih

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MGB lands turnkey project to develop industrial estate in Kertih

KUALA LUMPUR: MGB Bhd said it has secured a turnkey project to develop a 1,000 acres industrial estate in Kertih, Terengganu.

The project was awarded by Retro Court Sdn Bhd, a private company owned by Datuk Hendri Dahlan and Cheah Tuck Hing.

Under the deal, MGB’s wholly owned MGB Construction & Engineering Sdn Bhd was appointed as the turnkey contractor to undertake the entire design, financing, construction and completion, sales and marketing and credit administration of all that piece and parcel of the land measuring approximately 1,006.70 acres located in Taman Biopolimer, Kertih.

The project, MGB said in a filing today, was an “opportunity for the Group to further capitalise on its experience and expertise in property development, and the technical expertise in design and construction.”



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