{"id":6243,"date":"2024-10-23T08:38:00","date_gmt":"2024-10-22T23:38:00","guid":{"rendered":"https:\/\/seasiaonline.com\/?p=6243"},"modified":"2024-10-23T09:10:43","modified_gmt":"2024-10-23T00:10:43","slug":"opus-international-and-hss-engineering-forge-strategic-joint-venture-to-lead-infrastructure-development-across-southeast-asia-and-middle-east","status":"publish","type":"post","link":"https:\/\/seasiaonline.com\/?p=6243","title":{"rendered":"OPUS International and HSS Engineering Forge Strategic Joint Venture to Lead Infrastructure Development Across Southeast Asia and Middle East"},"content":{"rendered":"\n<p><b>KUALA LUMPUR, 23 October<\/b> \u2013 OPUS International (M) Berhad<br \/>\n(OPUS), a leading engineering and asset management consultancy, a subsidiary of<br \/>\nUEM Edgenta Berhad (UEM Edgenta) together with<br \/>\nHSS Engineering Sdn Bhd (HSSE), a prominent player in engineering and project<br \/>\nmanagement services, a wholly owned subsidiary of HSS Engineers Berhad (HEB);<br \/>\ntoday announced the signing of a Joint Venture and Shareholders\u2019 Agreement<br \/>\n(JVSA). This strategic partnership aims to accelerate expansion into<br \/>\nhigh-growth infrastructure markets across Southeast Asia (SEA) and the Middle<br \/>\nEast.<\/p>\n<p>This collaboration brings<br \/>\ntogether the combined expertise of OPUS and HSS Engineering to deliver comprehensive<br \/>\nsolutions across engineering and technical services, project management and<br \/>\nasset management consultancy and energy efficiency solutions in diverse<br \/>\ninfrastructure sectors. The joint venture will be 60% owned by OPUS and 40% by<br \/>\nHSSE. <\/p>\n<p>Sharing her thoughts on the<br \/>\ncollaboration, Hillary Chua, Managing Director, OPUS, said, \u201cThis joint venture<br \/>\nmarks a transformative step forward by merging the expertise of OPUS in asset<br \/>\nmanagement and energy efficiency with HSSE\u2019s extensive international market<br \/>\npresence and network. With over three decades of engineering excellence from<br \/>\nboth OPUS and HSSE, we are uniquely positioned to deliver innovative and sustainable<br \/>\ninfrastructure solutions not only to Malaysia but also for the high-growth<br \/>\nmarkets across Southeast Asia and the Middle East. We share ambitious growth<br \/>\naspirations, aiming to enhance the delivery of world-class engineering practice<br \/>\nand asset management services while contributing to the region&#8217;s infrastructure<br \/>\ndevelopment.<\/p>\n<p>Echoing similar sentiments<br \/>\nand enthusiasm, Syahrunizam Samsudin, Managing Director &amp; CEO, UEM Edgenta,<br \/>\nshared, &#8220;This partnership is goes beyond collaboration \u2013 it is about<br \/>\ncreating long-term value. It strengthens our ability to deliver innovative,<br \/>\nsustainable projects. For UEM Edgenta, this aligns seamlessly with our Edgenta<br \/>\nof the Future 2025 (EOTF 2025) vision; where innovation, sustainability, and<br \/>\nimpact are at the core of our strategy. This joint venture also enhances our<br \/>\ncompetitiveness in the international market, positioning us as a leader in<br \/>\ninfrastructure asset management across Southeast Asia and the Middle East region.\u201d<\/p>\n<p>\u201cThis JV allows us to leverage the strengths of both HEB<br \/>\nGroup and Opus International. By combining HEB Group\u2019s expertise in engineering<br \/>\ndesign and project management with Opus International\u2019s innovative approaches<br \/>\nlike asset management, geotechnical, energy efficiency and sustainability<br \/>\nsolutions. We are creating a formidable alliance primed for success. Our<br \/>\ncollaboration will certainly lead to synergistic benefits in our joint<br \/>\nprojects. We look forward to building a strong partnership with Opus International<br \/>\nto raise the standards of infrastructure projects in modern urban landscapes,\u201d<br \/>\nadded Ir. Sharifah Azlina Raja Kamal Pasmah, Chief Executive Officer, HSS<br \/>\nEngineering Sdn Bhd.<\/p>\n<p>Tan Sri Ir. Kuna Sittampalam, Executive Vice Chairman, HSS<br \/>\nEngineers Berhad concluded, \u201cOpus International\u2019s esteemed brand and its<br \/>\nleadership in asset management will seamlessly complement HEB Group\u2019s proven<br \/>\ntrack record in engineering solutions for infrastructure projects. This<br \/>\npartnership is poised to significantly enhance project delivery capabilities<br \/>\nand foster dynamic growth in both domestic and global markets. HEB Group is<br \/>\npivoting toward emerging fields like data centers and renewable energy while strengthening<br \/>\nits core areas of rail, highways, ports, and water infrastructure. Hence, this<br \/>\nJV is poised to enhance our position as Malaysia\u2019s leading engineering<br \/>\nconsultant and strengthen the comprehensiveness of our solutions.\u201d<\/p>\n<p>Signing the agreement on<br \/>\nbehalf of OPUS was Hillary Chua, Managing Director, OPUS while HSS was<br \/>\nrepresented by it\u2019s CEO, Ir. Sharifah Azlina Raja Kamal Pasmah. The signing was<br \/>\nwitnessed by Syahrunizam Samsudin Managing Director &amp; CEO, UEM Edgenta and<br \/>\nTan Sri Ir. Kuna Sittampalam, Executive Vice Chairman, HSS Engineers Bhd.<\/p>\n<p>OPUS and HSSE plan to<br \/>\nformally establish the joint venture in 2024, with initial operations focusing<br \/>\non major asset management projects and energy efficiency initiatives. The<br \/>\nformation and operations of the joint venture are subject to necessary<br \/>\nregulatory approvals.<\/p>\n<p>For further information on OPUS and UEM Edgenta,<br \/>\nlog on to <a href=\"https:\/\/www.uemedgenta.com\">https:\/\/www.uemedgenta.com<\/a>.<\/p>\n<p><img decoding=\"async\" style=\"width: 100%\" src=\"https:\/\/imagedelivery.net\/H6_s_Eb_ylTWnSEV3HlmYQ\/9a8d0bca-79c7-4868-f171-6494238cb200\/public\" alt=\"(from left to right)\u00a0Ir. Sharifah Azlina Raja Kamal Pasmah, CEO, HSS Engineers Bhd and Tan Sri Ir. Kuna Sittampalam, Executive Vice Chairman, HSS Engineers Bhd together with Syahrunizam Samsudin Managing Director &amp; CEO, UEM Edgenta and Hillary Chua, Managing Director, OPUS International (M) Bhd at the recent Joint Venture and Shareholders&#039; Agreement signing between OPUS International (M) Bhd, a sub-subsidiary of UEM Edgenta Bhd, and HSS Engineers Bhd&#039;s wholly-owned subsidiary HSS Engineering Sdn Bhd to provide engineering and technical services.\" \/><img decoding=\"async\" style=\"width: 100%\" src=\"https:\/\/imagedelivery.net\/H6_s_Eb_ylTWnSEV3HlmYQ\/2d6bc809-9f8c-48f9-5432-cfbfd89f0a00\/public\" alt=\"Image\" \/><img decoding=\"async\" style=\"width: 100%\" src=\"https:\/\/imagedelivery.net\/H6_s_Eb_ylTWnSEV3HlmYQ\/69a75573-273c-4868-70d6-f1200ea79000\/public\" alt=\"Image\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, 23 October \u2013 OPUS International (M) Berhad (OPUS), a leading engineering and asset management consultancy, a subsidiary of UEM Edgenta Berhad (UEM Edgenta) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6245,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-malaysia"],"_links":{"self":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/6243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6243"}],"version-history":[{"count":1,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/6243\/revisions"}],"predecessor-version":[{"id":6244,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/6243\/revisions\/6244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/media\/6245"}],"wp:attachment":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}