Gamuda inks deals worth RM1.46bil for land disposal, date centre works


KUALA LUMPUR: Gamuda Bhd, via its indirect subsidiary, Gamuda DC Infrastructure Sdn Bhd (DCI), has entered into contracts to dispose of 157.42 hectares of land for RM455.23 million and undertake enabling works worth RM1.01 billion with Pearl Computing Malaysia Sdn Bhd.

In a filing with Bursa Malaysia today, Gamuda said the land is located in Port Dickson, Negeri Sembilan.

It said DCI would then undertake enabling works on the land for Pearl Computing’s data centre development, including earthworks and external infrastructure works. 

"The external infrastructure works consist of a new water treatment plant with a total production capacity of 65 million litres per day; pipelines connecting the water treatment plant to the service reservoir of the data centre development and off-river storage to ensure sufficient water yield during the low season and mitigate against any pollution,” it said.

Gamuda said the earthworks are expected to be completed in the third quarter of 2025 (3Q 2025), followed by the water treatment plant (2Q 2027) and off-river storage (4Q 2028).

It said the agreements encapsulated the company’s one-stop solution for the fast-growing data centre sector, whereby Gamuda delivers top-to-toe land development, including civil works, utility connections, and water infrastructure, to deliver a ready-to-build platform for hyperscale clients.

"This one-stop model leverages the company’s core engineering expertise and next-generation industrial building system, which accelerates structural delivery with off-site precision manufacturing.

"This end-to-end approach de-risks early-stage development, shortens timelines, guarantees quality and cost, which sets the company apart as a strategic infrastructure partner in the digital economy,” it added. - Bernama

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

Next In Business News

The 3-minute lifesaver
Property buyers turn cautious
Decoding KL's prime office surge
AI mania turns industrials into chip stocks
MSCI index trim raises market concerns
EMs stronger than before
Nike CEO trailing behind
Ancient porcelain capital shapes future
Intel’s US$440bil surge draws short sellers
Buying into a new age

Others Also Read