Gamuda JV Bags RM3.05 Billion Power Plant Project In Sabah

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Post on Oct 27, 2024

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Gamuda Lands a Huge Win: RM3.05 Billion Power Plant Project in Sabah

Gamuda Berhad has landed a major win! The company's joint venture (JV) has bagged a massive RM3.05 billion contract to build a new power plant in Sabah. This is a huge deal for Gamuda, and it's going to be a big boost for the Sabah economy too.

What's the Deal All About?

The JV, which includes Gamuda Engineering, PowerChina and Sime Darby Energy, will be responsible for designing, building, and commissioning a new 300 megawatt (MW) combined-cycle gas turbine (CCGT) power plant in Kota Kinabalu. This new plant will help to meet the growing demand for electricity in the region.

A Boost for Sabah's Development

The new power plant is a significant development for Sabah. It will not only provide a reliable source of electricity for the state, but it will also create thousands of jobs during the construction phase. This is a major win for the Sabah economy, and it shows that the state is attracting significant investment.

Gamuda's Expertise Shines Through

Gamuda's expertise in power plant construction is well-known. The company has a proven track record in delivering high-quality projects on time and within budget. The JV is confident that it will be able to successfully complete this project.

More Than Just a Power Plant

This project is more than just a power plant. It's a symbol of confidence in Sabah's future. It shows that the state is open for business and that it's attracting investment from reputable companies like Gamuda. This project is sure to have a positive impact on the Sabah economy for years to come.

What's Next?

Now that the contract has been awarded, the JV will begin work on the project immediately. Construction is expected to take about 36 months. We can't wait to see this project come to life!

Overall, this is a major win for Gamuda and for Sabah. It's a clear sign of the state's growth and its potential for further development.