Muhibbah group bags Bintulu Port job worth RM584.8mil


Busy yard: Containers dotting the landscape of one of Bintulu Port's terminals.

KUALA LUMPUR: Muhibbah Engineering (M) Bhd’s 51%-owned subsidiary Muhibbah Viccana JV has secured a RM584.84mil contract to build a wharf, jetty and other associated facilities at Bintulu Port in Sarawak.

In a filing with Bursa Malaysia, the Klang-based engineering contractor said construction works for the project, awarded by the Bintulu Port Authority, would start immediately and be completed by end-2019.

Muhibbah had in 2014 bagged a RM157mil contract to construct the conveyor system facilities at the RM1.8bil Samalaju deepsea port also located in Bintulu.

The latest win is the second major contract netted this year by the Muhibbah group. In January, 49%-owned Muhibbah Engineering Middle East LLC clinched a 356.7 million Qatari riyal (RM425.4mil) deal from the Qatari government to build roads and infrastructure works at the Um Alhoul Economic Zone.

These two lucrative jobs came in quick succession came after a relatively quiet year in 2016 without such major gains.

The last time the group got a larger contract was when affiliate company Wabag-Muhibbah JV bagged a RM949.6mil contract from a Petroliam Nasional Bhd unit.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia slides as geopolitical risk intensifies
Ringgit opens higher vs US$ ahead of FOMC meeting
Shares skid in Asia as oil rises, rate hikes loom
Trading ideas: Duopharma, Citaglobal, GTA, Hextar Industries, MSC, PTT Synergy, Southern Score, Straits Energy, Vestland, YNH Property, Cuscapi
Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz
Binastra spreads its wings�
SpaceX to get weighting boost in Nasdaq 100 after rebalance
Trump signals easing Canada trade tensions, eyes trade deal soon
Growth the best medicine
Construction leads Budget 2027 plays

Others Also Read