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Friday, April 27, 2007

Sweet News for Infocomm Sector

S$730 million worth of contracts up for grabs!!

It was announced by IDA yesterday that the Government will call for S$730 million worth of infocomm tenders in financial year 2007. The actual worth of contracts may even be more than the projected figure, as it was the case in FY2006.

Local companies stand to benefit from this, as the majority of contracts (63% of total) went to local companies last year while MNCs were awarded only 37% of total.

We, at ZillionTech, will actively be looking to form partnership with other interested parties to jointly bid for contracts, for which we may have the technical know-how. If you are, or know of, a local firm, which can benefit from such a collaboration, we warmly welcome you to contact us.

=)

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