Gamuda order book gets a timely boost with Aussie contract win

Gamuda has partnered with John Holland to bid for the Suburban Rail Loop (SRL) project that has two tunnelling contracts. The first is between Cheltenham and Glen Waverly, which will be the longest tunnelling package in the history of Victoria, and the second contract from Glen Waverly to Box Hill.(Gamuda workers being trained in tunnelling. - File pic)

PETALING JAYA: Gamuda Bhd’s latest work contract win of RM4.1bil in Australia is expected to boost its earnings by between 2% and 4%.

The Ferrovial Construction Australia and Gamuda Australia Joint Venture (JV) was awarded the RM4.1bil main contract package works for the Coffs Harbour Bypass road construction project on Friday with the Malaysian company holding a half share of the contract.