KUALA LUMPUR: Gamuda Bhd
mentioned its Singapore three way partnership, comprising Gamuda Bhd Singapore Branch (GBSG) and Wai Fong Construction Pte Ltd, has bagged the design and building works contract for the Defu station and tunnels by the Land Transport Authority of Singapore (LTA) value S$467 million (RM1.45 billion).
The undertaking includes the development of an underground station and two tunnels and is anticipated to start within the second quarter of 2022 and be accomplished in 2030, it mentioned in a inventory alternate submitting to Bursa Malaysia right now.
Gamuda mentioned the contract is anticipated to contribute positively to its income and earnings for the monetary 12 months ending July 31, 2022.
The Defu Station is a part of the 29-kilometre Cross Island Line Phase 1 (CRL1) undertaking, consisting 12 stations.
The CRL is Singapore’s eighth mass speedy transit line. – Bernama
