The contract, smaller than Gamuda’s typical order books, is a start for its overseas tunnelling works notwithstanding the tighter margins, the analysts said, while maintaining existing calls as the win makes up existing contract replenishment targets.
KUALA LUMPUR (Feb 22): Singapore’s Land Land Transport Authority (LTA) has awarded Gamuda Bhd's operating unit Gamuda Bhd Singapore Branch's (GBSG) joint venture (JV) with Wai Fong Construction Pte Ltd, a S$ 467 million (about RM1.45 billion) design and construction contract for the proposed Defu station and tunnels, which form a part of Singapore’s 29km Cross Island Line Phase 1 (CRL1) mass rapid transit (MRT) line.
KUALA LUMPUR: Gamuda Bhd said its Singapore joint venture, comprising Gamuda Bhd Singapore Branch (GBSG) and Wai Fong Construction Pte Ltd, has bagged the design and construction works contract for the Defu station and tunnels by the Land Transport Authority of Singapore (LTA) worth S$467 million (RM1.45 billion).
KUALA LUMPUR, Feb 22 Gamuda Bhd said its Singapore joint venture, comprising Gamuda Bhd Singapore Branch (GBSG) and Wai Fong Construction Pte Ltd, has bagged the design and construction works contract for the Defu station and tunnels by the Land Transport Authority of Singapore (LTA) worth.