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The development will be executed in four phases, with the first phase set to begin next year.
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The contract entails the paving of a 15km four-lane highway, including the base course, binder course, and wearing course.
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The new pipeline is designed to provide enhanced resilience against regional disruptions.
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The company is implementing 27 water projects and 11 sanitation projects in the region.
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Preparatory work for the major overhaul commenced earlier in the year.
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The new towers are aligned with the corporation's Destination City growth strategy.
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Construction is set to begin next month, with a projected completion date of November 2026.
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