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.

Finance & Funding

Related Content

  • Smaller contractors wanted for Melbourne’s North East Link project
    September 27, 2018
    Australia’s Victoria state government has moved to ensure smaller contractors get a share of the US$12 billion worth of Melbourne city’s North East Link contracts. According to a report in the Australian Financial Review, Victoria state treasurer Tim Pallas said that consortiums bidding for North East Link could not include more than one of the top three local contractors. This is to encourage more international companies and smaller Australian contractors to tender for the proposed 26km project.
    Read More
  • Nicaragua projects receive Japanese funding
    August 9, 2017
    Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
    Read More
  • More work for Malaysia’s ethnic contractors
    May 31, 2024
    The bumiputera, or bumiputra, contractors will be offered more contracts in Sabah, Sarawak, Labuan and Peninsular Malaysia after years of delayed projects.
    Read More
  • Highway widening project for the US
    April 19, 2018
    A highway widening project in the US state of New Hampshire is being assisted by the use of a gravity-fed asphalt paver. The widening work is being carried out as part of an upgrade for a 32km stretch of I-93, which was started eight years ago. The work is being carried out for the New Hampshire Department of Transportation (NHDOT) on a section of the highway between Exits 1 and 5 from the Massachusetts Stateline to Manchester, NH. According to NHDOT, the project involves widening I-93 from two lanes in
    Read More

Highlighted Content