As construction dips, Chin Hin ‘looks to the sun’

KUALA LUMPUR (Dec 3): Bogged down by the slowdown in construction and housing activities, building materials manufacturer Chin Hin Group Bhd plans to capitalise on opportunities in renewable energy where the government’s allocations will be enlarged.

In a recent interview with The Edge Financial Daily, managing director Chiau Haw Choon said the group is confident of securing at least 10% to 20% of some RM2 billion worth of government solar jobs to be awarded next year given its acquired expertise.

The government’s push for renewable energy use bodes well for Chin Hin as it owns a 45% stake in Solarvest Energy Sdn Bhd, through Atlantic Blue Sdn Bhd — a turnkey engineering, procurement, construction, and commissioning (EPCC) solutions provider specialising in large-scale solar farming.

Source: https://www.edgeprop.my//content/1450793/construction-dips-chin-hin-%E2%80%98looks-sun%E2%80%99