Gamuda JV bags contract for Taiwan's RM4.3bil Xizhi Donghu MRT

Quick Summary:

KUALA LUMPUR: Gamuda Bhd has, via an unincorporated joint venture, secured a RM4.3bil (NTD31.96bil) contract for the Xizhi Donghu Mass Rapid Transit (MRT) in Taiwan.

In a statement, Gamuda said the design and build project is estimated to be completed within seven years.

Gamuda has a 75% stake in the partnership while two Taiwan-based companies - MiTAC Information Technology Corp and Dong Pi Co Limited - have the remaining 15% and 10% stakes respectively.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaTaiwan

Topics: Construction /Business/Business News Infrastructure Xizhi Donghu Gamuda Corporate News MRT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 13:06:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 337 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23192677

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 31 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 19 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions