ADVANCECON SECURES PIVOTAL RM82.09 MILLION EARTHWORKS AND INFRASTRUCTURE CONTRACT FOR SOUTHERN CATALYST INNOVATION DISTRICT, JOHOR
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KUALA LUMPUR, 27 JANUARY 2026 – 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, today announced that its wholly-owned subsidiary, Advancecon Infra Sdn. Bhd. (“AISB”), has accepted a Letter of Acceptance from Southern Catalyst Sdn. Bhd. for the execution of earthworks, main drainage, ancillary works and other associated infrastructure works for Phase 1 (Package 1) of the Southern Catalyst Innovation District in Johor.
The contract carries a total value of RM82.09 million and relates to works at the Southern Catalyst Innovation District, located in Mukim Sedenak, Daerah Kulai, Johor Darul Ta’zim. The project is scheduled to commence on 4 February 2026, with completion expected by 4 May 2027, providing earnings visibility over a 15-month construction period.
Positioned within Johor’s expanding industrial and innovation corridor, the Southern Catalyst Innovation District is expected to benefit from rising manufacturing activity, logistics demand and spillover effects from regional economic growth. The award further strengthens Advancecon’s presence in Johor and reflects the Group’s continued role in supporting large-scale industrial and infrastructure-led developments.