Malaysian IJM Corp Bhd is likely to be part of a consortium comprising five Malaysian firms that is eyeing a road project near Islamabad, Pakistan, said Managing Director Datuk Krishnan Tan. Negotiations were being held on a government-to-government basis, with Construction Industry Development Board (CIDB) representing Malaysian Government, he said.
The actual worth of the project has not been firmed up yet but it is believed to be over Malaysian RM1 billion.
The feasibility study is likely to start soon and consortium, likely to be led by IJM, expected to make a proposal by end of year.-PR