Kerjaya Prospek nabs Penang land reclamation contract

Kerjaya Prospek Group Bhd has won a RM567.7 million (over $120 million) contract to execute and complete reclamation and dredging works at Tanjung Tokong, Penang. 

The contract includes the execution and completion of reclamation and dredging works for Seri Tanjung Pinang (Phase 2B & 2C) development (STP2). 

In an exchange filing, Kerjaya Prospek said that the job was awarded to its wholly owned subsidiary Future Rock Sdn Bhd.

The work is set to start on July 1, 2024, and to be completed within forty months from the commencement date.