KUALA LUMPUR – Exciting news in the business world as Federal International Holdings Bhd (FIHB) and its subsidiary, Federal Builders Industries Sdn Bhd (FBI), have clinched a substantial RM64.9 million contract from Perumahan Masteron Sdn Bhd (PMSB). The agreement, disclosed in an official statement to Bursa Malaysia, highlights the scope of work involving earthworks, piling, and substructure tasks for a new project at PJ Selatan Sentral in Petaling Jaya.
This significant contract win underscores FIHB’s expertise and capabilities in the construction industry. As reported by The Star, this strategic move is poised to enhance FIHB’s market position and contribute positively to its financial growth prospects.
In the competitive landscape of construction contracts, securing such a sizable deal is a testament to FIHB’s reputation and track record in delivering high-quality projects.
“We are thrilled to have been awarded this contract by PMSB,”
expressed a spokesperson from FIHB.
“It showcases our commitment to excellence and reinforces our strong partnership with key players in the industry.”
The PJ Selatan project holds great promise for both FIHB and PMSB. With intricate tasks like earthworks, piling foundations, and substructure works on the agenda, meticulous planning and execution will be crucial for timely delivery of quality results.
Experts anticipate that this collaboration will not only boost economic activities within the region but also create job opportunities for skilled workers in the construction sector.
“Large-scale projects like these have ripple effects on various stakeholders,”
noted an industry analyst.
“From suppliers to subcontractors, everyone stands to benefit from such developments.”
As reported by The Star, FIHB’s success in securing this contract reflects its commitment to sustainable growth strategies amidst evolving market dynamics. By capitalizing on emerging opportunities and forging strategic partnerships with industry peers, FIHB remains at the forefront of innovation and progress.
In conclusion, FIHB’s recent triumph in securing the RM64.9 million contract for the PJ Selatan project signifies a step forward towards achieving its corporate goals while contributing significantly to Malaysia’s infrastructure development landscape.
**Attribution: This article was based on information sourced from [The Star](https://www.thestar.com.my/business/business-news/2025/05/29/fihb-wins-rm649mil-contract-for-pj-selatan-project)**
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