IJM wins RM981.8mil construction contracts


PETALING JAYA: IJM Corp Bhd’s wholly-owned subsidiary IJM Construction Sdn Bhd has secured two contracts in Selangor totalling RM981.8mil from the Works Ministry.

In a statement, the construction group said the first contract worth RM831mil was a design-and-build turnkey construction contract for a new 312-bedded government hospital in Kapar.

Another contract worth RM150.8mil is for the construction of an Inland Revenue Board (IRB) office tower in Shah Alam.

IJM Construction received a letter of award (LOA) from the ministry for the first contract early this week.

Construction work for the hospital with specialist medical facilities is scheduled to commence in November 2022 and is expected to be completed within 48 months by November 2026.

The project is a 60:40 joint venture between IJM Construction Sdn Bhd and Ganda Imbuhan Sdn Bhd.

“We are proud to have been selected to build Hospital Kapar. IJM has been delivering important infrastructure in communities across the country for close to four decades, including a sizeable portfolio of healthcare-related facilities,” group CEO & managing director Liew Hau Seng said.

IJM Construction also received an LOA from IRB early this week. Construction work of the 18-storey building is scheduled to commence on Nov 1, 2022 and is expected to be completed within 36 months by Oct 31, 2025.

Following the project win, the outstanding order book of IJM’s construction division remains healthy at RM4.6bil.

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

Next In Business News

Eupe fourth-quarter profit rises 29%
Meta projects higher spending, weaker revenue
Buyout proposal for Anglo American could reshape copper market
Axiata, Sinar Mas move closer to US$3.5bil merger
A test bed for airline subscription model
Pantech seeks to list steel pipe units
AI memory boom propels SK Hynix’s numbers
Battery stocks’ rally in India likely to extend
Congo accuses Apple of using ‘blood minerals’ from war-torn east
Higher earnings for Pavilion-REIT

Others Also Read