JAKARTA (June 19): Several Malaysian conglomerates are currently in talks to secure mega development projects in Indonesia, estimated to be worth a total of between RM5 billion and RM7 billion. Har Man also urged the Malaysian business community to continue exploring opportunities in Indonesia for their future growth, and to take advantage of the country’s post-pandemic economic recovery. Meanwhile, 15 Malaysian construction services and building materials companies, including engineering consulting services company, SD Associates Sdn Bhd are taking part in the Megabuild Indonesia 2022. The launch of the Malaysia Pavilion also saw the signing of an agreement between SD Associates and the Kikim Area Community Communication Forum. SD Associate has been appointed as the manager of an urban planning project spanning 1,400 square kilometres that will become a new autonomous area, namely Kikim District, South Sumatra Province, Sumatra.

Source: The Edge Markets June 19, 2022 13:39 UTC