Section 5 UEM Edgenta Berhad STRATEGIC BUSINESS 96 BUSINESS REVIEW Initiatives and Outcomes In 2023, the Asset Consultancy division undertook a series of business initiatives, driving operational excellence and strategic growth. These initiatives are detailed in the table below: Initiative Outcome Geographical Expansion into East Malaysia Strengthening market positions in East Malaysia with our Sarawak Regional Office. Secured a contract for the Jalan Sultan Tengah project through our partnership with PPES Consults Sdn Bhd. Continue to nurture and develop local talents. We have successfully maintained 60% manpower ratios for Sarawak project. Alignment to EoTF2025 Pillar Adopted Structured Approach and Intensify Business Development Activity We have organised our business development into West and East Malaysia. Acquired diverse new projects as follows: i. West Malaysia • Technical Advisory for Hospital Tunku Antah • Project Management Consultant for Mayang Mall • Independent Consulting Engineer for the upgrade works of PLUS RSA Seremban ii. East Malaysia: • Project Management Assistant for Kuching Urban Transport System • Independent Consulting Engineer for the Jalan Sultan Tengah (Damai Masterplan) • Extension of Time for Sarawak Coastal Road Network and Second Trunk Road Phase 2 Pivoting into New Business – Energy Efficiency and Sustainability Launched the End-to-End Sustainability Solutions and allocated RM200 million for Zero-Capex Programme, targeting energy-efficient retrofitting green building certified structures to reduce operating expenses and environmental impact. i. End-to-end Sustainability Solutions: • Net Zero Strategy Solutions • Engineering Solutions • Project Implementation • Sustainable Asset Management • Sustainable Finance Solutions ii. Zero-Capex Programme: • EPC • GPC • Power Purchase Agreement (“PPA”) Entered a Memorandum of Business Exploration (“MOBE”) with Honeywell and Earth Finance, Inc. Engineering Excellence – Leveraging advanced assets management technology solutions As the sole provider in Southeast Asia, we utilise the Deighton Total Infrastructure Management System (“dTIMS”), a business analytics tools for comprehensive asset lifecycle analytics, planning, and management, optimising performance and cost-effectiveness across the asset’s lifespan. Innovative Solutions – Building Condition Assessment (“BCA”) and Slope Management Embarking on BCA solutions for buildings and slopes management represents a strategic diversification initiative aimed at expanding our service offerings and appealing to a broader spectrum of clients through innovative solutions.
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