GAMUDA 5398 GAMUDA BERHAD Australia’s joint venture bags RM4.12 bil project
KUALA LUMPUR (June 19): The Ferrovial Construction Australia and Gamuda Australia Joint Venture (FGJV) has been been awarded a AUD$1.35 billion (RM4.12 billion) design and construct contract by the New South Wales (NSW) Government to deliver the main package of works for the Coffs Harbour Bypass project.
The Coffs Harbour Bypass will reduce travel times along the Pacific Highway by 12 minutes, bypassing 12 sets of traffic lights.
The project is funded by the Australian and NSW governments to improve safety, while ensuring a more reliable travel and commute experience, FGJV said in a statement on Sunday (June 19).
“We are thrilled to once again partner with the Australian and NSW governments and deliver the final piece of the Pacific Highway upgrade programme on the Mid North Coast.
“We’ll be applying our combined experience delivering highway projects in Australia and internationally to maximise benefits for all road users and the Coffs Harbour and surrounding community,” said Ferrovial Construction Australia managing director Enrique Blanco.
Meanwhile Gamuda Australia executive director Ewan Yee said the joint venture is focused on combining engineering smarts, environmental and sustainability innovation to ensure a positive legacy far beyond construction.
“Partnering with local stakeholders to respect the traditions and customs of the Gumbaynggir people and protecting a unique natural environment will be vital parts of a successful project,” he said.
The project scope includes 14 kilometres (km) of new and upgraded four-lane divided highway from south of Englands Road roundabout to the dual carriageway highway at Sapphire; bypass of Coffs Harbour City from south of Englands Road intersection to Korora Hill; and tunnels through ridges at Roberts Hill, Shephards Lane and Gatelys Road.
http://www.theedgemarkets.com/article/gamuda-australias-joint-venture-bags-rm412-bil-project
Singapore Investment
-
-
-
-
-
-
-
-
Top 10 Renovation Tips to Save Money13 hours ago
-
Will I be rich?14 hours ago
-
-
-
What’s This Silver Round Actually Worth?15 hours ago
-
-
-
-
-
-
-
-
-
When will STI meet resistance?1 day ago
-
Finance Investment Movement 591 day ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Buying more1 week ago
-
-
-
-
-
-
I have Achieved Lean FIRE!!1 week ago
-
-
-
The Art of Being Patient1 week ago
-
-
-
-
-
2Q 2025 Investment Strategy Update2 weeks ago
-
Portfolio Summary for June 20252 weeks ago
-
-
Portfolio (June 30, 2025)2 weeks ago
-
Portfolio (June 30, 2025)2 weeks ago
-
-
-
Portfolio -- June 20252 weeks ago
-
June 2025 Updates2 weeks ago
-
-
Batisht crazy!2 weeks ago
-
-
Will SORA crash to 1 per cent?2 weeks ago
-
-
Hello world!3 weeks ago
-
-
-
8 tips for house moving3 weeks ago
-
-
-
-
-
-
-
-
-
-
-
Thakral - Gem life deal finally coming?1 month ago
-
-
-
Clarity1 month ago
-
The Trump Tariffs2 months ago
-
Selling HRnet and Fiverr2 months ago
-
-
-
-
Ignore the noise and be calm2 months ago
-
-
-
-
FAQ on Quantitative Investing Part 23 months ago
-
-
-
-
Crossing the 300k Mark [in a volatile period]3 months ago
-
-
-
-
-
-
-
-
ETF vs Mutual Fund: Which is Better?5 months ago
-
-
-
-
-
Arigato Everyone! A Decade of Blogging!6 months ago
-
Top 10 Highlights of 20246 months ago
-
-
-
Union Square Residences8 months ago
-
-
-
STI ETF9 months ago
-
-
-
Unibet Casino Bonus Codes 202410 months ago
-
-
-
-
-
Monthly IBKR Update – June 20241 year ago
-
-
-
-
-
-
-
-
-
Feb 2024 Expenditure1 year ago
-
-
-
-
-
-
-
Monthly Summary of November 20231 year ago
-
Migration of website1 year ago
-
-
-
-
-
-
Hello SP Group, I'm Back!2 years ago
-
-
-
A New Light2 years ago
-
-
-
-
-
2022 Thoughts, Hello 2023!2 years ago
-
Series of Defaults for Maple Finance2 years ago
-
Takeaways from “Sea Change”2 years ago
-
Greed is Coming Back2 years ago
-
-
-
-
-
-
-
-
What is Overemployment3 years ago
-
Terra Hill Condo (former Flynn Park)3 years ago
-
Alibaba VS Tencent: The Battle Royale3 years ago
-
-
-
-
-
-
-
-
-
-
-
-
-