Path to Progress

Summary


FRESH FROM a restructuring and reorganisation exercise a few months ago, low-profile highway and infrastructure group MTD Capital Bhd (MTDCap) is positioning itself for new opportunities to spur it to the next phase of growth.

Following its transformation from an engineering company into an infrastructure outfit over the last few years, the group is now looking to the overseas market, targeting concession assets, to boost its order book.

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Extract


Path to Progress

Its outstanding order book of RM488 million is poised to swell, as the company is currently bidding for some RM3.7 billion worth of projects, both locally and overseas. These potential projects have either been awarded or are in advanced state of negotiations, according to sources close to the company.

The projects are the RM600-million East Coast Expressway Phase 2 (ECE2), which has been awarded to the company but is pending technica...

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