Our new business will be through a merger or acquisition," Mr Perajed. "It will hopefully be located along the Eastern Seaboard so we can capitalise on rising demand under the AEC."
He said Gratitude planned to bid on government projects due to open for tender soon. "Our strategy is to expand our business into sectors that give us a greater margin, as profit margins from petrochemical products are falling in line with weaker oil prices," Mr Perajed said.