Vizione eyes Indonesia, Vietnam venture next year

KUALA LUMPUR: Vizione Holdings Bhd plans to venture into Indonesia and Vietnam for housing and infrastructure projects by the third quarter of 2019, ahead of its initial plan of 2020.

Managing director Datuk Ng Aun Hooi said it is exploring overseas opportunities sooner due to the weak sentiment in the local construction sector.

“Now we may have to bring forward (our regional expansion plan) a bit, maybe before Q319 to go into Southeast Asia,” he told reporters after its AGM here today.

Vizione has an order book of RM3.3 billion and a tender book of RM2.4 billion.

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