RM90mil Samalaju ater treatment plant expected to be ready Q2 2013

KUCHING: Sarawak-based Hock Seng Lee Bhd's (HSL) RM90.28 million rural water treatment plant project in Samalaju is expected to be completed in the second quarter of 2013.

Its group managing director, Datuk Paul Yu Chee Hoe, said the project in Samalaju, one of the growth nodes in the Sarawak Corridor of Renewable Energy (SCORE), was currently under way.

"Rural water treatment and supply is an area of great potential for HSL and it is a rewarding field given that a safe, reliable water supply is essential to the people as well as to commerce and industry," he said in a statement here today.

He said HSL currently had RM1.7 billion worth of projects in hand of which RM1.1 billion was outstanding.

HSL's procurement of contracts during the year was generated by the three main thrusts, which had impact positively on the group's prospects, including the emphasis on rural development, in particular bringing basic amenities such as water, power and roads to the more remote areas of Sarawak, he said.

On prospects for the final quarter of the year, he said, the group had submitted bids for infrastructure works, notably for roads and rural water supply, projects, which were expected to add further to the order book before 2012.

"However, even with existing contracts, HSL will remain busy and growing through 2012 and 2013," he said, adding that the infrastructure and marine engineering specialist continued to be debt-free and has RM142 million in cash reserves as at Sept 30 this year. - BERNAMA