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GEORGE TOWN: The first dredger carrying sand to reclaim land in the south of Penang island will arrive by late May or early June, with reclamation works to begin as soon as the final details of the Environmental Management Plan are approved, says Deputy Penang Chief Minister I Datuk Ahmad Zakiyuddin Abdul Rahman.
KUALA LUMPUR: Gamuda Bhd’s decline in earnings for the first half of financial year ending July 31,2021 (FY21) could be just a bump on the road as its performance is expected to improve in the second half of the year, driven by a pick-up in construction activities and property sales as well as strong order book replenishment prospect.
KUALA LUMPUR: Maybank Investment Bank Research has trimmed its earnings forecast on Gamuda Bhd on expectations of a slight delay in recovery at its tolled highways.
THE RM9.6bil Pan Island Link (PIL 1) highway project will be constructed in phases starting with a 2.4km stretch in Bayan Baru.
The announcement by Gamuda Bhd that it plans to start the first reclamation works for the ambitious Penang South Islands (PSI) project will see more jobs under the Penang transport master plan (PTMP) coming on stream.
GEORGE TOWN: The Penang government has revised the master agreement (MA) on the Penang South Reclamation (PSR) project, with the RM3.8bil reclamation of Island A fully funded by the project delivery partner (PDP).
Brunei's Ministry of Education has received BND759mil (RM2.33bil) in allocation for 2021-2022 session
A BND759 million (RM2.33 billion) budget has been allocated for the Ministry of Education’s expenditure for the financial year of 2021-2022 and another BND29 million for development expenditure.
Gamuda and its joint venture partner, John Holland, are among the three consortia shortlisted to undertake the tunnelling works for Sydney Metro West’s (SMW) Greater Western Sydney-Western Sydney International (Nancy-Bird Walton) Airport.