ADVANCECON BREAKS NEW GROUND IN JOHOR WITH RM66.9 MILLION IBTEC CONTRACT
Accelerating presence in the JS-SEZ through landmark township development
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KUALA LUMPUR, 17 SEPTEMBER 2025 – Advancecon Holdings Berhad (前进控股有限公司) (“Advancecon” or “the Group”) (Bursa: 5281), an established provider of earthworks and civil engineering services in Malaysia, is pleased to announce that its wholly-owned subsidiary, Advancecon Infra Sdn. Bhd. (“AISB”), has accepted a Letter of Acceptance (“LOA”) from JLG Technopark Sdn. Bhd. for the proposed construction and completion of earthworks and ancillary works for Package 1 of Phase 1 at Southern Ibrahim Technopolis (“IBTEC”), Kulai, Johor Darul Ta’zim valued at RM66.9 Million.
IBTEC is a flagship 7,290-acre township development located in Sedenak, Johor, designated in 2021 as the sixth flagship zone (Zone F) of Iskandar Malaysia. The development has been planned as a major circular city within the Johor-Singapore Special Economic Zone (“JS-SEZ”), which is expected to be a transformative driver of cross-border investment, digital infrastructure, and sustainable urbanisation.