Bidding for Malaysian highway deal

Bidding is underway in Malaysia for sections of the massive Pan Borneo Highway project. The Malaysian construction firm Gadang Holdings is planning to bid for a number of sections of the project. The company will submit its bid for the highway work in early 2020. The sections of the project it is tendering for have a total estimated value of just over US$223 million although the firm has yet to disclose details of its bid for the work.
November 11, 2019 Read time: 1 min

Bidding is underway in Malaysia for sections of the massive Pan Borneo Highway project. The Malaysian construction firm Gadang Holdings is planning to bid for a number of sections of the project. The company will submit its bid for the highway work in early 2020. The sections of the project it is tendering for have a total estimated value of just over US$223 million although the firm has yet to disclose details of its bid for the work.

Finance & Funding

Related Content

  • Malaysia highways being built
    January 13, 2016
    Construction work for three new highways will commence in Malaysia’s Penang State by June 2016. The work will help reduce congestion in Penang State. The first of the three highways to be built will be the Air Itam-Tun Dr Lim Chong Eu Expressway bypass. This project is being carried out by Malaysia-based Consortium Zenith BUCG. Meanwhile plans are also in hand to construct the Setiawangsa-Pantai Expressway (SPE) in Malaysia. The project is expected to cost US$845.6 million. The SPE link should be open to t
    Read More
  • Tender opening for crucial new Bulgarian highway
    November 14, 2012
    The authorities in Bulgaria are in the tender process for the new Sofia-Kalotina highway project. The tender is for a 31.5km section of highway that will connect Bulgarian capital Sofia with Kalotina on the border with Serbia. The deadline for submitting the tender offers is 7th January 2013. Meanwhile in Sofia itself, a €100 million project to improve key roads in the city is now due to commence. Some €50 million of the funding required for the project is being provided in loan form by the European Invest
    Read More
  • Norway road project sees cost reduction
    October 25, 2017
    New technology now looks likely to reduce the cost of Norway’s massive Ferry Free E39 road project. The work had originally been expected to come with a price tag of as much as €36.47 billion (NOK 340 billion) when the plans were announced in early 2016. According to the Norwegian Public Roads Administration (Statens vegvesen), the crossing over the Bjørnafjorden is now likely to be €858.1 million (NOK 8 billion) less costly
    Read More
  • New financing securing Costa Rica road building
    September 21, 2015
    A series of loans from the Inter-American Development Bank (IADB) will help finance transportation projects in Costa Rica. Totaling around US$1 billion, the loans will allow a substantial package of works to get underway. This will be of major importance to Costa Rica as it will unlock several key road and transport projects so far held back by the availability of suitable funding. However, the Costa Rican authorities have yet to announce all the road projects intended for construction. So far only three hi
    Read More

Highlighted Content