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Friday, June 5, 2009

9679 WCT Bhd

WCT started out as an earthwork sub-contractor, under WCT Earthworks & Building Contractors Sdn Bhd, in 1981. Shareholders drive to pursue greater value-added saw the Company evolved into one of the largest construction house in the country and abroad. WCT, over the years, has built up an impressive list of completed mandates locally that clearly delineates the Group’s ability and capacity to take on all types of project.


Amongst the notable local projects that WCT won include being appointed as the main earthworks sub-contractor for the Kuala Lumpur International Airport (KLIA) project in which about 50 million cu m of earth was excavated. This project is considered a straightforward job due to since its formative years, WCT is widely known as a civil and earthwork specialist in the construction industry.

In highway construction, WCT has completed project such as the Package 4 of the Middle Ring Road, the Kuala Lumpur-Karak Highway and the Package 3 of the Second Malaysia-Singapore Link. Thereafter, WCT graduated to its first design and build infrastructure highway project – the Guthrie Corridor Expressway.

WCT's ability to learn and to add on capacities saw it constructing the Kelalong Dam, located in Bintulu, Sarawak. The Group is also the main civil works contractor for Package 1A and 1B of the Bakun Hydroelectric Dam project in Sarawak, of which WCT is also a consortium member of the overall project with 7.7% stake. In early 2005, WCT further enhanced its presence in dam construction and water projects by securing the Kudat Water Supply Project under the Long Term Scheme of Milau Dam in Sabah.

In building construction, the Group won the mandate to build four government office and commercial buildings in Putrajaya, i.e. Putrajaya 2G3 & 2G4, Putrajaya 3C4, 4G8 and 4G9. Thus far, Putrajaya 2G3, 2G4 and 3C4 have been completed whilst works on 4G8 as well as 4G9 are progressing. In March 2005, WCT handed over another significant project - The Curve, a new retail and commercial centre located in Mutiara Damansara, Selangor. In November 2007, WCT delivered its largest shopping mall project (2.35 million sq. ft.) in Bandar Bukit Tinggi township with record time of 14 months.

The group is also the main contractor for the construction of the Sepang F1 Circuit, the first modern F1 racing circuit in the world. This is also one of the more technically demanding local project that WCT has undertaken given the fast track 14 months construction period coupled with its stringent specifications and requirements.

In April 2006, WCT strengthened its airport construction profile when it secured the Kota Kinabalu International Aiport Upgrading - Package 1 - Terminal, Building and Landside Infrastructure Facilities. In 2002, WCT was successful in tendering for the construction of a Bahrain International Circuit. The Group’s solid reputation gained from the building of the Sepang F1 Circuit, which has received international accolades, gave WCT the winning edge. The Bahrain International Circuit was handed over 2 days before the contractual period despite the high technical demands, unfavourable weather conditions and design variations in the midst of construction.

The solid reputation built in Bahrain has helped WCT to strengthen its position in the construction industry in the kingdom by securing additional civil engineering mandates. The Al-Seef Flyover under the North Manama Corridor Improvement Project was awarded to WCT in 2003 and in the following year, the King Hamad Highway link to Durat Al-Bahrain was added to WCT’s orderbook. In 2006, WCT succesfully tendered and secured the Main Contract for the construction of the Bahrain City Centre valued at RM1.28 Billion. This is a significant milestone as it was then the 1st overseas major building contract and largest building contract to date for WCT.

In Qatar, WCT, together with its consortium and joint venture partners had in July 2005 secured 2 significant projects, namely the 43-km Dukhan Highway and the Provision of Airfield Paving, Tunnel & Detention Ponds Works For The New Doha International Airport. Year 2007 marked a successful year in the Gulf region when WCT made inroads into the emirates of Dubai and Abu Dhabi construction market.

In Dubai, two new construction contracts were secured, namely the Phase 1 - Storm Water and Drainage System of the Dubai World Central International Airport (Jebel Ali) and the prestigious RM4.6 Billion Meydan Racecourse Dubai.
The Abu Dhabi F1 Circuit contract valued at more than RM2.1 billion reaffirmed WCT's reputation as a Formula One Circuit specialist, having built the ones in Malaysia and Bahrain.

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