Gamuda Berhad (Gamuda), a leading Malaysian engineering and construction group, has just secured a contract for the Xizhi Donghu MRT (Mass Rapid Transit) line project in Taiwan (China), valued at RM 4.3 billion (Malaysian Ringgit), equivalent to NT 31.9 billion.
Gamuda's success in Taiwan (China) began with the awarding of the Kaohsiung MRT Orange Live contract in 2002. Since then, Gamuda has contributed to the development of Taiwan's (China) modern transportation infrastructure. - Photo: Gamuda
This is Gamuda's seventh major infrastructure project in Taiwan, further solidifying the group's position in the international market.
The project was awarded by the New Taipei City government (Taiwan) to a non-integrated joint venture between Gamuda (75%) and two local partners, MiTAC Information Technology Corp (15%) and Dong Pi Co Limited (10%).
Accordingly, Gamuda will undertake the majority of the work with a contract value of up to RM 3.2 billion (NT 23.97 billion), equivalent to approximately VND 18.656 trillion (based on the exchange rate in the first half of October 2024, specifically 1 RM equals VND 5,830).
The design and construction project for the Xizhi Donghu MRT urban railway line is expected to be completed in 7 years, with key components including: 5.78km of viaducts and tracks, 6 elevated stations, and essential systems such as trains, power supply, signaling, platform gates, communication systems, central monitoring, automatic fare collection, and maintenance equipment at the depot.
A Gamuda representative said the joint venture is also prepared to undertake additional work worth RM 10.8 billion (NT$80 billion) if requested.
These items include a maintenance depot for the Xizhi Donghu line and the rail system for the two expansion lines: Keelung Line MRT and Minsheng Line MRT.
The value of the additional work contracted by Gamuda will reach approximately RM 8.1 billion (NT 60 billion). These items are expected to be awarded before the completion of the main project, bringing the total value of the entire project to approximately RM 15.1 billion.
The MRT subway line will run within Taipei's Neihu District and New Taipei City's Xizhi District, and is expected to significantly contribute to Taiwan's urban transportation network. - Photo: Gamuda
Regarding the project, a Gamuda representative stated: "This is our biggest achievement in Taiwan since entering the market 20 years ago. This success is a testament to Gamuda's ability to win large-scale projects in highly competitive international markets, and reflects the strong confidence that Taiwanese authorities have in our expertise and project implementation capabilities."
The Xizhi Donghu MRT project is a crucial part of New Taipei City's large-scale infrastructure development strategy, aimed at meeting the growing transportation needs of urban residents.
Gamuda's success in Taiwan began with the Kaohsiung MRT Orange Line, an award-winning project from 2008 (contract awarded in 2002).
Since then, Gamuda has played a key role in developing Taiwan's modern transportation infrastructure, including the RM2.13 billion Taoyuan Underground Railway project in 2022 and the RM3.45 billion Kaohsiung MRT Gold Line project in 2023.
In addition, the corporation completed and handed over the Guantang sea bridge in October 2023, and is currently constructing a seawall at Taipei Port and a 161kV underground power transmission line from Songshu to Guanfeng.
In June 2024, Gamuda was ranked among the top 3 leading Asian companies in the construction and infrastructure development sector (excluding Japan) by Institutional Investor Research (II Research) – a global independent research organization.
For nearly three decades, Gamuda Land, a member of the group, has developed numerous modern urban developments and thriving communities in various countries.
Present in Vietnam since 2007, Gamuda Land Vietnam has developed two green urban areas: Gamuda City in Hanoi and Celadon City in Ho Chi Minh City. Gamuda Land has expanded its investment to 7 projects in Vietnam.
Source: https://tuoitre.vn/gamuda-trung-thau-du-an-mrt-tai-dai-loan-tong-von-4-3-ti-rm-20241024211449078.htm
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