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

  • €2.27bn UK road investment in 2014 to support over 9,500 construction jobs
    November 11, 2013
    Over 9,500 construction jobs will be supported in 2014 by more than €2.27 billion (£1.9 billion) of investment in Britain’s roads, Transport Minister Robert Goodwill announced today. The total investment in 209 schemes is €5.15 billion (£4.3 billion), with the €2.27 billion to be spent in 2014 more than twice the amount being spent this year. Due to either start or be completed in 2014, these road programmes are estimated to boost the economy by over €22.52 billion (£18.8 billion) and are part of a €119.8
    Read More
  • Work starting on Zimbabwe’s important highway
    November 4, 2019
    Construction work is finally getting underway on Zimbabwe’s important A4 Harare to Beitbridge highway project.
    Read More
  • China to set up “international courts” for Belt and Road disputes
    February 6, 2018
    China plans to set up an “international court” for settling disputes among companies participating in Belt and Road transportation infrastructure work, according to Chinese media. The Global Time newspaper – with strong links to the communist government – reported that Chinese companies are facing more foreign-related lawsuits as they step up investment and business in countries covered by Beijing’s Belt and Road Initiative. The report called Belt and Road “a brainchild of Xi”, referring to Xi Jinping
    Read More
  • Poland's A1 motorway progressing well
    February 9, 2012
    The second major phase of a north-south motorway in Poland is well underway. It will reduce congestion and improve safety as Patrick Smith reports Before the whistle blows to herald the start of Euro 2012, Poland's main seaport Gdansk will boast new roads, a new airport and a new stadium. The historic city in the north of the country on the Baltic coast will be one of the venues for football's 14th European Championship, being co-hosted by Poland and Ukraine.
    Read More

Highlighted Content