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

  • Malaysia's major infrastructure investment
    May 4, 2012
    Malaysia has set aside a budget worth nearly US$310 to develop five regional corridors in the country. The projects include the construction of a coastal highway linking Nusa Jaya and Johor Baru. Malaysia's Government would also set aside $31.2 billion in all for a series of major infrastructure projects under its Second Rolling Plan (RP2) in 2012 and 2013.
    Read More
  • Funding secured for Nepal highway connection
    October 11, 2018
    A funding package has been secured that will help pay for a key road project in Nepal. The Asian Development Bank (ADB) is providing a loan worth US$180 million that will be used to help pay for widening work to an 87km stretch of the East-West Highway between Kamala and Kanchanpur. At present the route has just one lane in either direction but the upgrade will see the route being widened in a bid to boost capacity and safety, with two lanes in either direction. The project is being managed by the Nepalese
    Read More
  • The Dhaya Maju-HSL consortium wins Lebuhraya Borneo Utara deal
    March 22, 2016
    Lebuhraya Borneo Utara of Malaysia has awarded a highway construction contract valued at US$422 million to a 30:70 consortium comprising Dhaya Maju Infrastructure and Hock Seng Lee (HSL). Under the contract, the consortium is required to undertake related works for Phase I of the Pan Borneo Highway, according to a report by the New Straits Times newspaper. Works includes upgrading the Batang Rajang Bridge and construction of roads between Sungai Kua Bridge and Sibu Airport as well as between Julau Jun
    Read More
  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
    Read More

Highlighted Content