: Engineering and project management consultant HSS Engineers Bhd expects to see a revival in the public transportation and water infrastructure projects, as the federal government is anticipated to roll out pump-priming initiatives to generate multiplier effects in the overall economy.
Revenue in the engineering services segment, consisting of engineering design and construction supervision, grew 33.1% to RM69.8 million, from RM52.4 million a year ago due to contributions from newly secured projects which includes ECRL scheme and preliminary design and the Iskandar BRT projects. HSS executive vice chairman Tan Sri Kuna Sittampalam said the government recognises that capital investment in the construction industry, particularly the infrastructure domain, is key in stimulating the economy.
Further to this, the group also sees opportunities in the port industry. A long-term client Westport has a proposed expansion plan to double its container-handling capacity to about 28 million twenty-foot equivalent units a year by 2040. Westport has proposed to develop eight additional berths comprising Container Terminal 10 to Container Terminal 17 to support the expected long-term growth in the coming decades.
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