Gamuda JV wins RM1.8bil road upgrade contract in Australia
KUALA LUMPUR: Gamuda Bhd's Australian joint venture (JV) has secured an A$624 million (about RM1.8 billion) contract to upgrade two major roads in Western Sydney.
Gamuda Bhd's Australian joint venture has secured a significant RM1.8 billion contract to enhance two major roads in Western Sydney. The A$624 million deal, awarded on September 21 by Transport for New South Wales (TfNSW), is for the Elizabeth Drive Upgrade-Mamre Road Upgrade Stage 2 project. This joint venture between Gamuda Engineering Pty Ltd and BMD Constructions Pty Ltd each hold a 50% stake, with Gamuda's effective share valued at A$312 million.
The design-and-construct contract involves upgrading 4.5 km of Elizabeth Drive and 3 km of Mamre Road in Kemps Creek, including civil, structural, and utility relocation works. Expected to commence on September 21 and complete by 2030, the project is part of a A$2 billion overall worth funded jointly by the Australian and New South Wales governments.
Gamuda sees this contract as a strong boost to its presence in Australia's road infrastructure sector, adding to its existing portfolio in New South Wales, including projects like the Coffs Harbour Bypass and M1 Pacific Motorway Extension.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
