Kota Kinabalu: On prospects, Datuk Dr Loke is confident that the demand for the Company’s industrialised building system (IBS) construction services will continue to grow.
“We recently won a sub-contract under the Armed Forces Family Housing (RKAT) construction project at the Labuan Air Base, worth RM50.0 million from Jawat Johan Sdn Bhd.
Advertisement“This marks the second award received by KTI as the IBS specialist sub-contractor for the RKAT project. With this new award, the total contract sum secured by the Company for the year 2024 stands at RM214.4 million.
The previous award was for the RKAT Kem Lok Kawi project and was awarded by Jawala Corporation Sdn Bhd in February 2024,” he further added.
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The Company’s design and build construction projects and property development projects are located in Sabah, and it comprises residential properties, commercial properties and mixed developments.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});It provides design and build construction services primarily to Lembaga Pembangunan Perumahan dan Bandar (LPPB), the state agency in Sabah, to build urban development and affordable housing for the general public and civil servants housing projects, as well as general building construction services to the private and public sectors (eg: other than LPPB) upon request and through tenders.
KTI’s property development activities are supported by its in-house construction services, which is complemented by its in-house manufacturing of industrialised building system (IBS) components.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});It is the first CIDB-certified on-site IBS manufacturer in Sabah with 25 years of experience in adopting IBS construction techniques in construction activities.