SunCon Partners With Engie to Expand District Cooling Technology in Malaysia
Sunway Construction Group Bhd (SunCon), via its wholly owned Sunway Construction Sdn Bhd (SCSB), has signed a memorandum of understanding with Engie South East Asia (SEA) to set up a joint venture (JV) company. The joint venture aims to boost the country's environmental sustainability effort through the expansion of district cooling technology.
Engie SEA is part of the Engie Group, the European leader in energy and value-added energy solutions with a global presence. SunCon said the JV company will engineer, finance, construct, develop, operate and maintain district cooling systems for greenfield and brownfield urban development projects, including some of Sunway's portfolio of office buildings, retail malls, educational institutions, medical centres, hotels, resorts, theme parks and factories.
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New Straits Times