Kuala Lumpur, 29 Jan 2018.
Today marked a new milestone for TROY ICT Malaysia. Proceeding the Contract Award from Mutiara Smart Sdn Bhd for the project “Development of 2,000 units of telecommunication towers”, a new Final Business Agreement signing ceremony has took place here at Troy’s office in Kuala Lumpur. The event is witnessed by Chairman of both companies, Dato’ Farid Saad (Mutiara Smart) and Dr. Lei Li (TROY ICT Malaysia) respectively.
The Final Business Agreement between Mutiara Smart Sdn Bhd and TROY ICT Malaysia is primarily focused on the award of Construction Contract to appoint TROY ICT Malaysia for the construction and delivery of 2,000 telecommunication towers varying from T20M Lamp Poles to Three & Four Legged 45M Towers. The total contract value is worth RM400.00 million over the duration of five (5) years from year 2018 to 2022.
With the signing of this contract, Mutiara Smart Sdn Bhd as the Project Owner (a 100% MOF-owned company) has finalized the project delivery planning together with TROY ICT Malaysia, as the main contractor, to deliver between 300 – 500 towers per year over the course of five (5) years.
This contract deal will tremendously support both parties’ future business growth and reaffirm their strong business relationship in tackling the future of Malaysia’s IT & Telecommunications industry.