Weida ... May10

Sarawak-based Weida (M) Bhd is in talks for more water and wastewater-related contracts in Syria where it is the turnkey contactor for an on-going RM375mil sewerage project.

Talks are progressing on a proposed 50,000 cu m per day centralised industrial wastewater treatment plant, a 30,000 cu m per day water reclamation plant and more sewage treatment plants.

Renexus Weida is a 79%-owned subsidiary of Weida, whose core businesses are in water and wastewater utility infrastructure, recycling, renewable energy and stormwater management.

The RM375mil contract Weida secured three years ago under a government-to-government initiative involved the formulation of a sewage master plan for a population of four million.

Under the contract, five sewage treatment plants and 15 water treatment plants will also be built to serve one million people. The deal is partly funded by the Malaysian Government through the Export and Import Bank of Malaysia.

The Weida group now owns manufacturing plants in Kuching, Miri, Kota Kinabalu, Tawau and Nilai. They produce polyethylene engineering products for use in water and wastewater infrastructure.

The group expanded to the Philippines when its sixth manufacturing plant started operation there more than a year ago.