2020 UEM Edgenta Annual Report

KEY INITIATIVES & RESULTS Results KEY FOCUS AREAS ASSET CONSULTANCY • P roject Management • Engineering and Technical Services • Asset Management Asset Consul tancy has a dist inguished track record of service excel lence in asset consul tancy & management , project advisory, planning & management , engineer ing design & consul tancy and research & development . ACTIVELY PURSUE NEW MARKETS & OPPORTUNITIES OPERATIONAL EXCELLENCE • Won contracts for the construction of the Sarawak Coastal Road Network and Second Trunk Road (“CSTR”) for Phase 2 as Project Management Consultant (“PMC”) • Continuation of the Independent Consultant Engineer (“ICE”) contract, with additional scope of services for the Sarawak Pan Borneo Highway • Provided consultancy expertise for Pavement Structural Overlay works at the North-South Expressway (“NSE”) • Utilising the in-house developed Smart PM, a cloud-based system to effectively manage and execute the bidding process and the execution of projects Results • Setback in mobilisation work for the CSTR Phase 2 • Insufficient infrastructure projects in the market, particularly in Peninsular Malaysia, as well as the cancellation of mega projects such as the Kuala Lumpur-Singapore High Speed Rail • Lacking of skilled resources in East Malaysia to fulfil the project requirements KEY CHALLENGES & MITIGATING ACTIONS Key Challenges 86 Management Discussion & Analysis UEM EDGENTA BERHAD B. BUSINESS REVIEW