PETALING JAYA: Borneo Highway PDP Sdn Bhd (BHP), which is 40% owned by a MMC Corp-UEM Group joint-venture entity, has been named as the project delivery partner (PDP) for the first phase of the Pan Borneo Highway’s Sabah construction, which is expected to cost RM13bil.
The Sabah portion of the highway covers 700km.UEM MMC Joint Venture Sdn Bhd (UMJV), a jointly controlled entity of MMC, owns a 40% stake in BHP. MMC has an effective 20% interest in BHP, via UMJV.
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