BHIC

BHIC hopes to conclude its contract to construct littoral combatant ships (LCS) for the Ministry of Defence soon to achieve its target of doubling its order book in 2011.It expects the details of the contract to be ironed out by the middle of 2011.The contract would be in the billions of ringgit and would be valued much higher than the first batch of vessels. BHIC is looking forward to participate in oil and gas projects given Petroliam Nasional Bhd’s (Petronas) substantial capital expenditure programme and plans to develop marginal oilfields. BHIC is among seven companies that have a fabrication licence by Petronas.

IJM Corp

Its order book stood at RM4.1 billion currently, of which 80.5% was from domestic projects. Management appears to be upbeat on its order book prospects. Assuming IJM Corp bags half of the RM4 billion West Coast Expressway, the jobs from the two expressways would total RM2.7billion to RM2.9 billion, which will boost its order book by 65% to 70%. Apart from highway jobs, IJM Corp had also tendered for Package B of the light rail transit (LRT) extension (RM2 billion) and would be bidding for the elevated portion of the Sungai Buloh-Kajang mass rail transit. Also there will be more private sector jobs for the group when the redevelopment of the Rubber Research Institute land and Sungai Besi Airport kicked off.