Business Services Industry
MALAYSIA: Joint venture construction start-up on planned $185,000,000 university campus, TAISEI CORP. [Japan] - Order #: 066902.
WWP-Business Opportunities in Asia & the Pacific, June, 2002
PROJECT OVERVIEW:
The local SARAWAK UNIVERSITY recently awarded a contract to a Japanese/Malaysian joint venture regarding the construction of a new campus. The partners in the planned undertaking include Japan-based TASEI CORP. and an undisclosed Malaysian company.
According to the terms of the award, the partners will be responsible for building on an area that will expand over 8 million square meters. The complex will comprise: - Buildings housing advanced information technology; - Sports facilities; - An outdoor theater designed to accommodate 20,000 students.
As things currently stand, construction work was expected to begin in mid-May 2002 and, project completion is anticipated in just over 2 years. The cost to complete the project...
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