Gamuda and Dong-Pi win RM522mil contract

Gamuda Singapore, a wholly owned subsidiary of Gamuda Bhd, made a joint bid of S$318.89mil (RM963mil) for the tract earmarked for executive condominium development .

KUALA LUMPUR: Gamuda Bhd and Taiwan’s Dong-Pi Construction Co Ltd have been awarded the construction contract for the Marine Bridge project at Guan Tang in Taiwan by state-owned oil and gas company CPC Corp Taiwan worth RM521.71mil.

In a filing with Bursa Malaysia, it said that the construction would be undertaken by an incorporated joint venture company comprising of Gamuda and Dong-Pi with 70% and 30% stakes respectively.

“The scope of the works involves the construction and completion of the 1.23km marine bridge connecting a receiving terminal to a man-made island, inclusive of soil investigation, foundation, temporary bridge and working platform as well as environmental protection works,” it said. The contract period of 44 months will commence in April. — Bernama