Gamuda aims to secure RM22bil worth of construction contracts

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Gamuda,Construction Contracts,Order Book

Gamuda is optimistic about securing RM22bil worth of construction contracts over the next two years, adding to its record-high order book of RM25bil. The company also aims to achieve property sales of RM5.6bil and a property revenue of RM6bil in the next financial year.

Gamuda is looking to secure an additional RM22bil worth of construction contracts over the next two years to add to its record-high order book of RM25bil in its financial year ended July 31, 2023 (FY23).

"We are optimistic about achieving this target given the strong pipeline of construction projects ahead, locally – including the Penang Light Rail Transit (LRT), MRT3 and Pan Borneo Highway – as well as the healthy infrastructure pipelines presented in Taiwan and Australia," group managing director Datuk Lin Yun Ling said in a statement in its annual report. It also aimed to achieve property sales of RM5.6bil and a property revenue of RM6bil for the (FY24). Gamuda registered property sales of 4.1bil in FY23 Lin attributed its sustained robust growth to a number of factors, including human capital development, innovation, strategic acumen and resilienc

 

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