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WCT, Gamuda may get runaway job: OSK

Published: 2010/02/09
 
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OSK Research House sees WCT Bhd (WCT) and Gamuda Bhd as potential candidates for the Low Cost Carrier Terminal (LCCT) runaway portion project amounting to RM300 million to RM400 million.

OSK was commenting on rumours that past winners of the LCCT packages will not be eligible for its subsequent awards.

"WCT and Gadang have both been awarded earthworks packages. We think this rumour is baseless as it would make little sense to disqualify past winners if they can submit the lowest tender price.

"This is especially so given that the LCCT is privately funded," it said in a statement today.

Yesterday, Cebarco-WCT Joint Venture received an award for Fit-Out works at the Bahrain City Centre worth RM467 million to build Abu Dhabi's F1 circuit.

This award represents an additional RM221 million from the initial Letter of Intent (LOI) of RM246 million in August 2007. -- BERNAMA






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