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PSDC International Eyes Eastern Europe, West Africa

BANDAR SERI BEGAWAN, Dec 16 (Bernama) — Malaysia’s project management and management consultancy company, PSDC International Sdn Bhd, has set its eyes on tapping into the Eastern Europe and West African markets in the near future.

The subsidiary of government-backed company, Professional Services Development Corporation Sdn Bhd, it has already made its mark in Indonesia and Middle East and officially in Brunei today with the signing of a memorandum of understanding (MoU) with a local company, Prime Sources Development Corporation Sdn Bhd here.

“The expansion is in line with the company’s vision of becoming the regional professional hub. We hope to enter the Eastern European market within the next six months,” its president Ismail Awab told Bernama after signing the MoU.

Strategically affiliated with all the professional bodies in Malaysia, PSDC International offers business and project planning and management, engineering, technical consulting, construction supervision, architecture, landscape architecture and environmental services to clients in diverse market sectors.

Ismail said there was a need to increase the number of professionals and consultants from South East Asia as westerners made up the bulk of this group today.

“Refer back to the statistics in 2006 which stated that US$3 trillion was paid to consultants with three quarters or 75 percent them being westerners.

“We are not getting enough of the market share.We need to increase the contribution of South East Asian professionals in the world market, so that we are on par with the westerners,” he reasoned.

Meanwhile, on current projects, Ismail said the company had been appointed the project management consultant for a Tehran company last month with the partner having been offered a 125km-southern ring road project worth US$650 million by the government of Iran.

He said the company was also looking at the viability of projects in Indonesia such as the Jakarta-Bandung Corridor and the development of an integrated bulk port.

- Source