The following topic aims to provide an overview of the 2023 Sarawak Energy Contractor Briefing Ultech Engineering attended recently. The event, namely Contractor Briefing: Sarawak Energy Business Opportunities 5.0 For Local Vendors in the Northern Region, took place on 2nd November 2023 (Thursday) at Pullman Miri Waterfront from 8.30 am to 5 pm.
Sarawak Energy's 2023 Contractor Briefing provided insight into the current climate and trends in the energy sector and the business opportunities that exist for local contractors and suppliers like Ultech Engineering Sdn. Bhd. The event was divided into several presentations and discussions, each covering a different aspect of the energy industry and the future of the industry in Malaysia.
The first session was conducted by the Electrical Inspectorate Unit (EIU) in which they discussed the need for certification, monitoring, and technical requirements in Sarawak Energy's projects. The session stressed the importance of obtaining electrical competency certification through the permission process, maintaining and monitoring electrical supply systems, and adhering to technical standards and regulations. The EIU ensures compliance and oversight of these requirements to improve the efficiency, quality, and safety of Sarawak Energy's projects.
At the briefing, the HSSE department provided an overview of the HSSE requirements for contractors working on Sarawak Energy Projects. HSSE is crucial in the energy sector due to safety risks, thus it is important to ensure compliance with the latest regulations and standards. The presentation emphasized the importance of ensuring compliance with HSSE requirements, especially in SEB projects, and provided information on the safety standards that contractors must comply with to be appointed to work on SEB projects. Ultech Engineering Sdn Bhd, as a trusted supplier, must be aware of and comply with these requirements to maintain its position in the industry.
At the briefing by Unit Pendaftaran Kontraktor & Juruperunding (UPKJ), Ultech Engineering learned about the process for contractors and the business opportunities in SEB Power's projects. This knowledge could potentially benefit the engineering firm by helping it improve its competitiveness, stay informed about the latest industry developments, and secure future projects.
One of the most important sessions of the event was delivered by the Competency Authorization & Certification (CAC) team. This session discussed the future of contracting in the industry, with a focus on competency and certification. The CAC aims to ensure that contractors and suppliers meet the required standards and are capable of delivering projects efficiently and safely.
The briefing by Akademi Binaan Malaysia (ABM) shed light on the procurement and contract management processes of Sarawak Energy, including the evaluation and selection criteria, the bidding and pricing process, and the procurement management and performance evaluation process. The Construction Industry Development Board (CIDB) also provided an overview of the business opportunities available in Sarawak Energy's Buildings, Facilities, and Infrastructure (BFI) projects, which include the construction of power plants, water supply, and treatment facilities, and the maintenance and renovation of buildings and facilities.
The 2023 Sarawak Energy Contractor Briefing also covered different topics such as project financing, Pustaka@SarawakEnergy services, and business opportunities in Capital Work and Rural Electrification Projects. Sharing sessions by RHB BANK, CENTEXS, and IKHTIAR FACTORING provided a comprehensive overview of the current market landscape and future potentials for Ultech Engineering Sdn Bhd. The event allowed Ultech Engineering Sdn Bhd to gain an understanding and insight into potential business opportunities, which could be beneficial for the company in the future.
In conclusion, Sarawak Energy's 2023 Contractor Briefing provided invaluable insights into the energy sector in Malaysia, including the latest trends, requirements, and opportunities. The topics discussed during the sessions were designed to provide valuable insights into the projects and the market environment and to promote collaboration and networking among contractors.
As Ultech Engineering Sdn. Bhd., we find this session particularly valuable, as it provides us with a better understanding of the procurement process and the opportunity to be involved in projects that align with our core competencies. We will continue to monitor and stay informed about the industry, and actively seek out opportunities to collaborate with the SEB and other industry players to increase our presence and contribute to the growth of the industry.