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Citaglobal secures RM52 million Thailand waste-to-energy contract

Citaglobal Bhd has secured a contract worth about RM52.1 million for the engineering, procurement and construction of a steam boiler plant for the Siam Power Naklang waste-to-energy project in Thailand. The group said…

Source: Business Today Malaysia · October 5, 2026 at 10:32 AM · AI-assisted report

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Citaglobal secures RM52 million Thailand waste-to-energy contract
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THAILAND, 5 OCTOBER 2026 —

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Citaglobal Bhd secured a contract valued at approximately RM52.1 million for the engineering, procurement, and construction of a steam boiler plant in Thailand.

The project is part of the Siam Power Naklang waste-to-energy initiative. The company announced that LAWI Engineering GmbH, an entity in which Citaglobal Environment Management Sdn Bhd holds a 55% stake, has accepted the Letter of Award and Notice to Proceed for the work.

The contract specifically covers the development of the steam boiler plant component of the waste-to-energy facility. This engagement represents a significant revenue stream for the group, highlighting its continued involvement in environmental infrastructure projects within the region. The financial value of the deal, at RM52.1 million, underscores the scale of the infrastructure investment required for the Siam Power Naklang project.

LAWI Engineering GmbH is identified as the direct recipient of the award. It operates as a 55%-owned subsidiary of Citaglobal Environment Management Sdn Bhd, which is part of the broader Citaglobal Bhd group. This structure indicates that the contract will be executed through the group’s specialized environmental management arm, leveraging its established presence in the waste-to-energy sector.

The acceptance of the Letter of Award and Notice to Proceed marks the formal commencement of the project phase. By accepting these documents, LAWI Engineering GmbH has committed to beginning the engineering, procurement, and construction activities as outlined in the agreement. This step transitions the project from the bidding stage to active execution, with the company now responsible for delivering the steam boiler plant according to the specified terms.

For Malaysian investors and market observers, this contract reinforces Citaglobal Bhd’s position in the regional waste management and energy sector. The expansion into Thailand through its subsidiary demonstrates the group’s capability to secure large-scale international projects. The waste-to-energy model aligns with broader regional trends toward sustainable energy solutions and efficient waste disposal, offering a dual benefit of energy generation and environmental management.

The next phase of the project will involve the detailed engineering and procurement processes for the steam boiler plant. As the Notice to Proceed has been accepted, the project team is expected to mobilize resources and begin the construction activities in Thailand. The successful completion of this contract will contribute to the group’s order book and operational performance in the coming periods.

Related: Citaglobal Bhd · Thailand

Malaysia Impact

3/10

Citaglobal Bhd’s RM52.1M Thailand contract may indirectly boost Malaysian environmental tech firms’ regional credibility and attract further green energy investments, though direct economic impact on Malaysia is limited.

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Reporting based on Business Today Malaysia. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

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