Aegion gets $9.3 million contract in Malaysia

Aegion gets $9.3 million contract in Malaysia

6:33 AM, 29th June 2012
Aegion gets $9.3 million contract in Malaysia

ST LOUIS, US: Aegion Corporation was award two subcontracts for its Malaysian subsidiary, Insituform Linings Asia Sdn Bhd, with a total value of approximately $9.3 million. These projects originate from the Government of Malaysia under the Department of Sewerage Services, Ministry of Energy, Green Technology & Water for the rehabilitation of pipelines in Kuala Lumpur, Malaysia. Work on the projects is expected to begin in July 2012 and take approximately 18 months to complete.

The programme includes the rehabilitation of pipelines, sewerage management and improvements to transportation systems, oil and gas facilities and river restoration throughout Kuala Lumpur. The Government of Malaysia plans to spend $35 million to $40 million per year for work on dedicated trenchless rehabilitation projects in Kuala Lumpur. These contracts are the first cured-in-place pipe (CIPP) projects to be awarded to Aegion Corporation under this programme.

“We commend the Government of Malaysia for its foresight to initiate a five-year infrastructure improvement programme. Insituform’s global CIPP experience, including its proprietary CIPP process, will be an asset for successfully completing these projects and we are pleased with the opportunity to compete for additional work under this programme,” said J Joseph Burgess, President and CEO, Aegion.

© WOC News 



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