Metronic bags RM18.7 million job in Merdeka PNB 118 project

KUALA LUMPUR, Engineering firm Metronic Global Bhd has secured an audiovisual and information technology system (AV-ICT) job worth RM18.7 million in the national project Merdeka PNB 118, the 666-metre megatall skyscraper currently under construction in Kuala Lumpur.

The job is secured via a wholly-owned subsidiary, Metronic Engineering Sdn Bhd (MESB).

The Project Merdeka PNB 118 will add to Metronic’s reputation image and help us to scale up in terms of brand, commitment and expansion as we are confident of providing quality products and services to meet stringent world standards, executive director and chief executive officer Brian Hoo Wai Keong said.

He said Metronic is also pushing forward in finalising the tenders for several huge potential engineering projects worth up to RM300 million in Malaysia and across the region.

Metronic is on track to meet its aim for US$1 billion market share of smart city projects across Malaysia, Europe, the United States of America, the Middle-East and South East Asian regions in the next three years, he said in a statement here today.

According to International Data Corp’s (IDC) Worldwide Semi-Annual Smart Cities Spending Guide, US$1 billion market share is less than one per cent of global investments in smart city technologies, which are expected to rise to US$135 billion by 2021.

Merdeka PNB 118, formerly named as KL 118, will be the fourth tallest building in the world upon its completion with its architectural height of at least 644 metres. Its total project value is RM5 billion.

Permodalan National Bhd (PNB) group, via one of its wholly-owned subsidiaries known as PNB Merdeka Ventures Sdn Bhd, started the project in 2014. One alternative name is Warisan Merdeka, or Heritage of Independence.

Merdeka PNB 118 will be built on a site in the vicinity of the Merdeka Stadium and standing on the same line as two landmarks, the KL Tower and the Petronas Towers.

Metronic is confident of pulling the project off to work once again with its major contractor Samsung C and T for the tower, having worked together on projects such as Lot 91 Convention Centre Podium, Kuala Lumpur City Centre.

Source: BERNAMA (News Agency)