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Vinci awarded €70m Malaysian high-rise

8 Jan 15 Vinci Construction Grands Projets has won a high-rise building construction contract in Malaysia.

The project for property developer Jesselton Group involves the construction of a 125,000m2 mixed-use development on the Kota Kinabalu seafront in northern Borneo.

Vinci will build three 20-storey residential towers with a total of 333 apartments.

The complex also includes a seven-storey podium over two underground levels that will house a 20,000m2 shopping centre and more than 900 parking spaces.

The value of Vinci’s contract, which does not include the foundations and underground levels, is €70m (£54.9m). Handover is scheduled for July 2016.

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