Minetech Resources Berhad Information

Minetech Resources Berhad (Minetech) is involved in various business segments, including civil engineering, bituminous products, renewable energy and financial technology. Minetech’s Civil Engineering division, specialises in rock blasting, excavation, earthworks, roads and drainage, water reticulation and sewage, giving the Minetech a unique value proposition for the construction, property development and gold mining industries. The Civil Engineering division is looking to expand its core competencies beyond rock blasting, excavation, earthworks, roads and drainage, water reticulation and sewage to construction and structural engineering. Minetech’s Manufacturing division, is involved in the production and sale of bituminous products for pipe coating, waterproofing and sealing, mainly for concrete structures or building works and road construction. Its products are sold locally and abroad, predominantly targeting the Southeast Asian market. Minetech initially ventured into the renewable energy business, the Solar Power Plant was the first systems in Malaysia utilising flotation devices on a pond. Minetech reach into the financial technology industry, the fintech solutions provider in Malaysia specialising in a suite of payment solutions. Its system is currently being used by local banks in Malaysia, focusing mainly on cross-border remittance payments. Minetech is also working closely with its local partner bank to establish partnerships with a number of overseas banks in Indonesia, China, and the Philippines, as well as countries in the Middle East and Europe. Minetech is currently in the discussion with various parties and tendering for oil & gas related projects. Minetech will continue to identify other business opportunities in the oil & gas industry via joint ventures, collaborations and/or key partnerships.