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

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Partnership for Malaysia’s key routes

A new partnership between Naim Holdings and Samuda has been formed in Malaysia with the intention of bidding for major road projects. The firms are keen to bid on the coastal highway, which will connect with the Pan Borneo Highway. The two companies are also working together as a joint venture at present on a US$284.7 million contract to build an 89km stretch of the Pan Borneo Highway in Sarawak, one of 11 sections of the route currently under construction.
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