Gamuda unit secures RM1.13bil highway project in Sarawak

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Gamuda unit secures RM1.13bil highway project in Sarawak
ContractCorporateGamuda
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The package covers the construction of a 14.7km four-lane dual carriageway highway in the Limbang area.

Gamuda Bhd’s associate company, Naim Gamuda JV Sdn Bhd, said it had accepted the project from the Regional Corridor Development Authority. KUALA LUMPUR: Gamuda Bhd’s associate company Naim Gamuda JV Sdn Bhd has accepted the award from Regional Corridor Development Authority for a proposed highway development in Limbang , Sarawak , worth RM1.13 billion. Naga is 30% owned by Gamuda , while the remaining 70% is owned by Naim Engineering Sdn Bhd, a wholly-owned subsidiary of Naim Holdings Bhd.

In a filing with Bursa Malaysia today, the construction company said the award from Recoda, a Sarawak state government agency, involves the proposed development of the Northern Coastal Highway, section 1 of the Limbang work package. “The package covers the construction of a 14.7km four-lane dual carriageway highway in the Limbang area, including bridges, flyovers, earthworks and other associated works,” it said. Gamuda said the project will take up to 48 months from the date of site possession.

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Contract Corporate Gamuda Highway Limbang Naga Recoda Sarawak

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