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

  • Australia highway project funding found
    April 30, 2018
    Funding has been secured to pay for the Gympie bypass project in Queensland, Australia. The 26km project is expected to cost US$ 767.4 million (A$1 billion) in all. The Australian Government will provide 80% of the funding required, with the remaining 20% being provide by Queensland State’s budget. This section of road will extend the Bruce Highway and is intended to cut congestion in the area.
    Read More
  • Salini Impregilo shortlisted for Rozelle Interchange and Iron Cove
    May 23, 2018
    A Salini Impregilo consortium has been shortlisted to design and build the Rozelle Interchange and Iron Cove Link as part of Sydney’s WestConnex project. WestConnex, the biggest road development in Australia, is likely to cost around US$12.6 billion. At an estimated value of about $2.65 billion, the Rozelle Interchange and Iron Cove Link was commissioned by the New South Wales state government. It will include an underground motorway interchange to City West Link and underground bypass of Victoria Roa
    Read More
  • Work to commence on new highway for El Salvador
    August 25, 2017
    Construction work on a new highway project in El Salvador will commence in early 2018.
    Read More
  • CPB Contractors closes deal for Melbourne’s West Gate Tunnel
    December 13, 2017
    CPB Contractors has achieved contractual close on Melbourne’s planned 5km West Gate Tunnel, originally called the Western Distributor. The road will link the West Gate Freeway at Yarraville, a suburb of Melbourne, with the tolled CityLink road network at Docklands via a tunnel beneath Yarraville.
    Read More

Highlighted Content