Lahore: Avanceon Limited has announced that it has secured multimillion-dollar contracts in Qatar and Pakistan within the Infrastructure Public Works domain. These contracts, awarded to Avanceon's subsidiaries—Avanceon FZE in UAE and Avanceon Automation and Control WLL in Qatar—are set to enhance the company's leadership in delivering advanced infrastructure solutions across the Middle East and South Asia.

According to information available from the Pakistan Stock Exchange (PSX), the new projects are part of national initiatives focused on enhancing critical infrastructure, such as transportation, utilities, and urban development. Avanceon plans to utilize its expertise in automation, control systems, and smart technologies to deliver solutions that meet the sustainability and digital transformation objectives of these regions.

The contracts include a PKR3.00 million project in Pakistan to supply flow meters for real-time data monitoring of water consumption in populated areas, as well as a PKR4.50 million project in Qatar for a cloud-based enterprise-level tanker access management solution. Both projects have agreed timeframes for delivery and are expected to positively impact the group's business and shareholder value.