Skip to main content

Malaysia highway deal to receive funding

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid for the coastal highway project. The coastal highway project includes the construction of a number of bridges a
February 28, 2019 Read time: 1 min

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid  for the coastal highway project. The coastal highway project includes the construction of a number of bridges along the route.

Related Content

  • Loan for major US tunnel project
    October 4, 2021
    A loan facility will help finance a major US tunnel project.
  • US$2.5 billion boost for Cameroon
    May 20, 2024
    A US$2.5 billion investment will boost Cameroon’s development.
  • Consortium Via al Puerto to finish Colombia’s Buga-Buevantura road
    May 24, 2016
    Colombia’s National Infrastructure Agency (ANI) has approved Consorcio Estructura Plural Via al Puerto to build the remaining 26.5km of the Buga-Buenaventura dual carriageway. Construction costs will be just under US$358 million with another $645 million likely needed to maintain and operate the public-private partnership road for 30 years. Works include construction of two tunnels, 12 bridges, 7.5km of cycle lanes, as well as maintenance of 111km of the main road, according to a report by El Pais new
  • St Petersburg road development plan
    May 23, 2019
    The authorities in St Petersburg are setting out plans for a series of road improvement and expansion works. A budget of US$678.6 million has been set to assist in financing the road works. In all 25 road projects are being planned. Two key projects are for building the Yuzhno-Volkhonskaya Road and the Southern Latitudinal Highway (Phase I). Another two key projects are for the upgrades of the the Petrozavodskoye Highway and the Primorskoye Highway (Phase II). All four of these projects should commence in 2