PUBLIC PRIVATE PARTNERSHIP UNIT in the Prime Minister's Department has awarded the proposed development of the International Islamic University Malaysia teaching hospital project in Kuantan to Ahmad Zaki Resources Bhd.

Ahmad Zaki Resources said it was subject to further negotiations on the concession agreement to be entered into with the federal government.

Project details, including its value and concession period, would be disclosed and announced upon the formal finalisation of the concession agreement, the company said in a filing to Bursa Malaysia today. - BERNAMA