Upbeat outlook for Gamuda on latest job win


Kenanga Research said it also maintains Gamuda end-2025 outstanding order book target of RM40bil to RM45bil.

PETALING JAYA: Gamuda Bhd’s latest contract win for a 585MW solar farm in Australia will likely bring the construction group’s outstanding order book to about RM31.8bil, say analysts.

On Monday, the group announced that its wholly-owned DT Infrastructure Pty Ltd (DTI) was awarded an engineering, procurement, construction and commissioning (EPCC) contract worth A$625mil (RM1.8bil) from Lightsource bp Renewable Energy Investments Ltd for the 585MW Goulburn River Solar Farm in New South Wales.

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