Gamuda Wins RM3.05 Billion Sabah Hydro Project

Chartdata

You need 2 min read

·

Post on Oct 27, 2024

46 visitor like this post

Share

Gamuda Scores Big: RM3.05 Billion Sabah Hydro Project Win

It's official! Gamuda, the Malaysian construction giant, has landed a massive contract for the Sabah Hydro Electric Project. This deal, worth a whopping RM3.05 billion, is a major win for the company and a big boost for the Malaysian construction sector.

This isn't just any project, folks. This is the first major hydro project in Sabah, and it's gonna be a game-changer for the state's energy landscape. The project involves building a new hydroelectric dam, a powerhouse, and transmission lines. This is no small feat!

The project is expected to generate around 200 megawatts of electricity, which will help meet the increasing demand for power in Sabah. And that's not all – the project is also expected to create thousands of jobs, giving a much-needed boost to the local economy.

Gamuda is known for its expertise in large-scale infrastructure projects, having worked on some of the biggest projects in Malaysia and around the world. This project is just another example of their impressive capabilities.

This win for Gamuda is a major milestone, not just for the company, but also for the Malaysian construction sector. It's a clear sign that the industry is still going strong, even in a challenging economic climate.

Let's take a closer look at the details:

• The project is expected to take around five years to complete.
• Gamuda will be responsible for the design, engineering, procurement, construction, and commissioning of the project.
• The project is being funded by the Sabah government, with the Malaysian government providing some support.

This is a big win for Gamuda and a positive development for the Malaysian construction sector. It shows that the industry is still capable of attracting major projects, even in a challenging economic climate.

It's a good time to be in the construction business!

#Gamuda #SabahHydro #Hydropower #Construction #Malaysia