IJM Bags RM1.4 Bln Contract To Build New Pantai Highway Extension

KUALA LUMPUR, Nov 5 (Bernama) -- IJM Corporation Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd, has secured a contract from New Pantai Expressway Sdn Bhd to design and build the New Pantai Highway Extension (NPE 2) for RM1.4 billion.

IJM said in a Bursa Malaysia filing today that the project involves the construction of a fully elevated 15-kilometre highway, including directional ramps and a new toll plaza, connecting the existing Pantai Dalam Toll Plaza to the Jalan Istana Interchange via Jalan Syed Putra.

The company said the project is scheduled to commence in the fourth quarter of 2025 and is expected to be completed within 48 months from the commencement date.

IJM Corporation group chief executive officer and managing director Datuk Lee Chun Fai said the contract marks the transition of the NPE Extension from planning to implementation.

“It also marks our third project above RM1 billion this year after the RM1.4 billion fast-track data centre in Johor and the RM2.135 billion hyperscale data centre development in Elmina.

“Together, these wins reflect IJM Construction’s progress in delivering large-scale projects across industrial and infrastructure sectors,” he said in a statement.

-- BERNAMA