Sunday, January 31, 2010

Jetson, China company in JV for construction project bid

KUMPULAN JETSON BHD has inked an MoU with China State CONSTRUCTION Engineering (Hong Kong) Ltd (CSCHK) to look into the possibility of tendering for a construction project along Jalan Stonor, Kuala Lumpur.It said on Friday, Jan 29 the project involves two blocks of office building, 50 stories and 38 stories each, and a 10 storey podium block for Naza TTDI Sdn Bhd."The award of the project could be by way of tender or direct negotiation depending on the employer (Naza TTDI)," it said.Under the JV, Kumpulan Jetson will hold a 60% stake and CSCHK the remaining 40%.

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