clock 24-02-2017
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Gamuda to Tap Into Sabah Market

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Gamuda's property arm, Gamuda Land is also well-known for its pioneering concepts in building homes for community living. Kota Kemuning, a sprawling 1,820-acre township in Klang Valley, was the country's first integrated township with a green street layout which then set the benchmark for other sustainable townships.

Since then, the developer has added more townships and niche lifestyle projects in Malaysia and abroad, and this includes Bukit Bantayan Residences, an invigorating highland retreat-inspired development perched atop an 18-acre hilltop site at Inanam, Kota Kinabalu.

Gamuda has nurtured a robust Small and Medium Enterprise (SME) ecosystem for the construction industry though its large-scale infrastructure projects. The company now aspires to replicate this ecosystem in its foray into Sabah.

As the bore piling contractor and pre-stressed concrete spun piles supplier for Bukit Bantayan project since 2015, Benagusan Sdn Bhd Managing Director Richard Lee Fuh Min hails Gamuda for its world-class engineering and construction capabilities, and proven track record in delivering projects on time. "Our winning partnership with Gamuda has strengthened our organisation and helped us to expand our business. I trust this partnership will be the start of many more to come, as we work together and share our expertise as a team" said Lee.

Gamuda achieved a group revenue of RM4.17 billion and profit before tax of RM781 million in FY2016.Going forward, Gamuda remains a favoured pick among analysts for construction sector jobs to build up its already strong order book of RM9 billion and projects touted to be coming its way include packages of the East Coast Rail Link (ECRL), Pan Borneo Highway and the Singapore High Speed Rail (HSR).

Gamuda is now looking to boost their construction order book even further to RM10 billion in FY2017.

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