Gamuda Berhad
Encyclopedia
Gamuda Berhad is an engineering, property and infrastructure company in Malaysia.
The company was incorporated on October 6, 1976 and was listed on the main board of Bursa Malaysia
on 10 August 1992. The group's main projects range from the construction of highways, airport runways, railways, tunnels, water treatment plants and dam
s, to infrastructure privatization and the development of new townships.
One of their first major project is the Shah Alam Expressway, a 34.5 km six lanes expressway stretches from the Sri Petaling interchange in Kuala Lumpur
to the Pandamaran interchange in Klang
.
Gamuda is a leader in turnkey and Build-Operate-Transfer
(B.O.T.) civil engineering infrastructure and township development, with projects and investments in South East and Far East Asia, Indochina, South Asia and the Middle East.Gamuda also is the lead shareholder in the 450MW Nam Theun 1 hydropower project located in central Laos
, which would supply 2,000 GWh of hydroelectric power to the Electricity Generating Authority of Thailand
.
In October 2003, a letter of award regarding the proposed Ipoh-Padang Besar double tracking and electrification project was issued to a joint venture of Malaysian Mining Corporation Berhad and Gamuda Berhad. The change in contractors was based on the fact that Gamuda-MMC lowered the project cost to RM14.448bil, compared with over RM44bil by the two foreign contractors. Members of the two previous consortia were invited to be sub-contractors and were given the first right of refusal but the invitation was not taken up.
On 6 June 2007, Gamuda announced to Bursa Malaysia
that it had received a letter from the Economic Planning Unit of the Prime Minister's Department that the Malaysian government had agreed to Gamuda-MMC's proposal to implement the "Northern" section of the project on a private financing initiative basis. It added that negotiations on the formal agreement would begin as soon as possible. Transport Minister Chan Kong Choy said work on the Northern section will begin by the end of 2007 and is expected to be completed by Jan 2013.
On December 14, 2007, Gamuda announced that it together with MMC had received a letter of acceptance dated 13 December 2007 wherein the Malaysian Government accepted the proposal by the Gamuda-MMC joint venture to carry out the Electrified Double Tracking Project from Ipoh to Padang Besar on a design and build basis for a lump sum price of RM12.485 billion. The works comprises the design and construction of the infrastructure and system works in respect of the project which is to be completed within 60 months from the commencement date. The project cost has escalated due to rise in oil prices and building materials. The group managing director, Datuk Lin Yun Ling, added that the company will undertake only 20 percent of the whole project while the rest of the construction will be out sourced to various companies around the country. The project will be implemented as a construction contract with progressive payments, instead of private finance initiative envisioned earlier. The design and build contract between the joint venture company and the government of Malaysia is formally signed on July 25, 2008.
The government has announced on January 18, 2008 that site possession has been given to Gamuda MMC on January 8, 2008. Work on the site is expected to start immediately thereafter and completed by 2013. It is also noted that the tracks will have the design speed of 160 to 180 km/h although the operator is expect to use only 140 to 160 km/h
On July 8, 2008, the joint venture company has announced that electrification and power supply contract has been awarded to Balfour Beatty
group with a contract value of GBP 160 million. Work is expected to start immediately and complete by January 2013. On the same day, the signaling and communication package has been awarded to Ansaldo STS
. The contract is expected to worth Euro
135 million.
On March 2009, the project reached the 20% milestone and three months later, it completed 25% overall. According to the developer, the project is on schedule with expected completion by January 2013.
The company was also the sponsor of the ntv7
television series Phua Chu Kang Sdn Bhd
.
Damansara-Puchong Expressway
Sprint Expressway
SMART Tunnel
The company was incorporated on October 6, 1976 and was listed on the main board of Bursa Malaysia
Bursa Malaysia
Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services.- History :Bursa...
on 10 August 1992. The group's main projects range from the construction of highways, airport runways, railways, tunnels, water treatment plants and dam
Dam
A dam is a barrier that impounds water or underground streams. Dams generally serve the primary purpose of retaining water, while other structures such as floodgates or levees are used to manage or prevent water flow into specific land regions. Hydropower and pumped-storage hydroelectricity are...
s, to infrastructure privatization and the development of new townships.
One of their first major project is the Shah Alam Expressway, a 34.5 km six lanes expressway stretches from the Sri Petaling interchange in Kuala Lumpur
Kuala Lumpur
Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...
to the Pandamaran interchange in Klang
Klang
Klang , formerly known as Kelang, is the royal city and former capital of the state of Selangor, Malaysia. It is located within the Klang District in Klang Valley. It is located about 32 km to the west of Kuala Lumpur and 6 km east of Port Klang...
.
Gamuda is a leader in turnkey and Build-Operate-Transfer
Build-Operate-Transfer
Build-own-operate-transfer or build-operate-transfer is a form of project financing, wherein a private entity receives a concession from the private or public sector to finance, design, construct, and operate a facility stated in the concession contract...
(B.O.T.) civil engineering infrastructure and township development, with projects and investments in South East and Far East Asia, Indochina, South Asia and the Middle East.Gamuda also is the lead shareholder in the 450MW Nam Theun 1 hydropower project located in central Laos
Laos
Laos Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ Sathalanalat Paxathipatai Paxaxon Lao, officially the Lao People's Democratic Republic, is a landlocked country in Southeast Asia, bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south and Thailand to the west...
, which would supply 2,000 GWh of hydroelectric power to the Electricity Generating Authority of Thailand
Thailand
Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...
.
In October 2003, a letter of award regarding the proposed Ipoh-Padang Besar double tracking and electrification project was issued to a joint venture of Malaysian Mining Corporation Berhad and Gamuda Berhad. The change in contractors was based on the fact that Gamuda-MMC lowered the project cost to RM14.448bil, compared with over RM44bil by the two foreign contractors. Members of the two previous consortia were invited to be sub-contractors and were given the first right of refusal but the invitation was not taken up.
On 6 June 2007, Gamuda announced to Bursa Malaysia
Bursa Malaysia
Bursa Malaysia is an exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated exchange, offering the complete range of exchange-related services including trading, clearing, settlement and depository services.- History :Bursa...
that it had received a letter from the Economic Planning Unit of the Prime Minister's Department that the Malaysian government had agreed to Gamuda-MMC's proposal to implement the "Northern" section of the project on a private financing initiative basis. It added that negotiations on the formal agreement would begin as soon as possible. Transport Minister Chan Kong Choy said work on the Northern section will begin by the end of 2007 and is expected to be completed by Jan 2013.
On December 14, 2007, Gamuda announced that it together with MMC had received a letter of acceptance dated 13 December 2007 wherein the Malaysian Government accepted the proposal by the Gamuda-MMC joint venture to carry out the Electrified Double Tracking Project from Ipoh to Padang Besar on a design and build basis for a lump sum price of RM12.485 billion. The works comprises the design and construction of the infrastructure and system works in respect of the project which is to be completed within 60 months from the commencement date. The project cost has escalated due to rise in oil prices and building materials. The group managing director, Datuk Lin Yun Ling, added that the company will undertake only 20 percent of the whole project while the rest of the construction will be out sourced to various companies around the country. The project will be implemented as a construction contract with progressive payments, instead of private finance initiative envisioned earlier. The design and build contract between the joint venture company and the government of Malaysia is formally signed on July 25, 2008.
The government has announced on January 18, 2008 that site possession has been given to Gamuda MMC on January 8, 2008. Work on the site is expected to start immediately thereafter and completed by 2013. It is also noted that the tracks will have the design speed of 160 to 180 km/h although the operator is expect to use only 140 to 160 km/h
On July 8, 2008, the joint venture company has announced that electrification and power supply contract has been awarded to Balfour Beatty
Balfour Beatty
Balfour Beatty plc is a British construction, engineering, military housing, rail and investment services company. It is one of the largest construction companies in the UK, and the 15th largest in the world...
group with a contract value of GBP 160 million. Work is expected to start immediately and complete by January 2013. On the same day, the signaling and communication package has been awarded to Ansaldo STS
Ansaldo STS
Ansaldo STS S.p.A. is a multinational technology company which produces signalling and automation systems for use by rail and rapid transit operators. The firm also acts as lead contractor and turnkey provider on new rail developments...
. The contract is expected to worth Euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
135 million.
On March 2009, the project reached the 20% milestone and three months later, it completed 25% overall. According to the developer, the project is on schedule with expected completion by January 2013.
The company was also the sponsor of the ntv7
Ntv7
Natseven TV Sdn Bhd or better known as ntv7 is a terrestrial television channel in Malaysia. It was launched nationwide on 7 April 1998 and was the country's third private free-to-air TV station after TV3 and Astro. Its mission is to promote a happier and more enlightened Malaysia...
television series Phua Chu Kang Sdn Bhd
Phua Chu Kang Sdn Bhd
Phua Chu Kang Sdn Bhd is a Malaysian sitcom spin-off to the original Singaporean Phua Chu Kang Pte Ltd, first debuted on MediaCorp TV Channel 5. The series reprises Gurmit Singh and Irene Ang, and produced in collaboration with MediaCorp. It made its first debut on ntv7 on March 25, 2009...
.
Township Development (Gamuda Land)
- Kota KemuningKota KemuningKota Kemuning is a township located in the city of Shah Alam, Selangor, Malaysia along KESAS Highway between Subang Jaya and Bukit Tinggi townships. It is developed by Hicom-Gamuda Development Sdn Bhd, a joint-venture company between DRB-HICOM and Gamuda Berhad...
, Shah Alam - A township that epitomises quality lifestyle living with strong quality design concept, amenities and infrastructure - Bandar BotanicBandar BotanicBandar Botanic is a major township in the southern part of Klang, Selangor, Malaysia. The RM3 billion township project is led by Gamuda Berhad and developed by Harum Intisari Sdn Bhd. It is adjacent to other new and modern townships such as Glenmarie Cove and Bandar Bukit Tinggi, Klang.The township...
, Klang - Appealing in its botanical environment and complete township facilities and amenities - ValenciaValencia, Sungai BulohValencia is one of Gamuda Land’s township developments that was launched in 2002. The township was formerly a golf course called by the same name...
- The only residential development with its own private golf course for its residents in Malaysia - Horizon HillsHorizon HillsHorizon Hills, situated in Nusajaya, Iskandar Malaysia is Gamuda Land’s first township out of the Klang Valley. Jointly developed with UEM Land, the township spans over 1,200 acres....
, Johor - Located within the Iskandar Development Region, the new gem set in the South Peninsular Malaysia - Jade HillsJade HillsJade Hills is located in Kajang, Selangor. Jade Hills is Gamuda Land’s first township to feature a contemporary oriental theme. It is easily accessible via major highways such as the Sungai Besi Expressway, North-South Expressway, South Klang Valley Expressway and Kajang Dispersal Link Expressway...
, Kajang - A modern oriental masterpiece - Yen So Park, Vietnam - A world class public park, commercial centre and modern lifestyle residential area in South Hanoi
Expressway Network
Shah Alam ExpresswayShah Alam Expressway
Shah Alam Expressway, SAE , is part of a comprehensive network of road links in the Klang Valley, Malaysia. The expressway connects from Pandamaran in Klang, Selangor to Sri Petaling, Kuala Lumpur. Shah Alam Expressway is the third east-west-oriented expressway in the Klang Valley after the...
Damansara-Puchong Expressway
Damansara-Puchong Expressway
The Damansara–Puchong Expressway or Lebuhraya Damansara-Puchong, LDP, is a major expressway in Klang Valley, Selangor in Malaysia. It links major townships in Damansara and Puchong and decreases travel time between them...
Sprint Expressway
Sprint Expressway
Sprint Expressway is the main expressway network in Klang Valley, Malaysia. The of expressway is divided into three sections. This sections included the Kerinchi Link, Damansara Link and Penchala Link...
SMART Tunnel
SMART Tunnel
The "Stormwater Management and Road Tunnel" or "SMART Tunnel", is a storm drainage and road structure in Kuala Lumpur, Malaysia, a major national project in the country...