YTL, Gamuda unveil £5.2bil UK projects during PM Anwar visit


Prime Minister Datuk Seri Anwar Ibrahim (middle) signing a plaque to commemorate the launch of YTL UK's Brabazon New Town in Bristol. Witnessing the occasion are Minister of Investment, Trade and Industry Tengku Zafrul, UK Secretary of State for Business and Trade Jonathan Reynolds, YTL Group executive chairman Tan Sri (Sir) Francis Yeoh, and YTL Power International managing director Datuk Yeoh Seok Hong

Malaysian conglomerates YTL Corp. and Gamuda Bhd. announced a combined £5.2 billion ($6.4 billion) in property projects in the UK as Prime Minister Datuk Seri Anwar Ibrahim kicks off his trip to the nation.

YTL will invest £2 billion in its UK businesses over the next five years and another £2 billion to build homes and schools in Bristol, according to a UK government statement on Wednesday. The construction-to-utility group operates Wessex Water in the UK.

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

Next In Business News

Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Energy transition to propel Sarawak’s future
New tech leaves other sectors behind
Indonesia’s domestic investors dominate as FDI falters for 2025
Construction companies poised to�sustain growth
US Federal Reserve vice-chair says interest rates are well positioned
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid
Germany proposes giving EV buyers subsidies to boost demand
Metals keep shining bright

Others Also Read