Naim-Gamuda JV gets RM1.57b Pan Borneo deal
Published on: Friday, July 29, 2016
Kuala Lumpur: Naim Holdings Bhd's wholly-owned unit, Naim Engineering Sdn Bhd (NESB), via its unincorporated joint-venture, Naim Engineering Sdn Bhd–Gamuda Bhd JV (Naim-Gamuda JV), has secured a RM1.57 billion Pan Borneo Highway Sarawak contract.Naim Holdings said the contract, from Lebuhraya Borneo Utara Sdn Bhd, was for the development and upgrading of the proposed Pan Borneo Highway in Sarawak – Phase 1 to undertake the worksk package-WPC-04 (Pantu Junction to Batang Skrang)."The duration of the contract is 51 months from the date of site possession," it said, it said in a filing to Bursa Malaysia Thursday.
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