How It All Began
IJM’s journey began with the shared vision of a group of forward-thinking civil engineers. Formed in 1983 through the merger of three established local construction firms: IGB Construction Sdn. Bhd., Jurutama Sdn. Bhd. and Mudajaya Sdn. Bhd., IJM was created to compete on equal footing with international players entering Malaysia’s growing construction sector.
The Group further strengthened its position in 2007 with the acquisition of the Road Builder Group, a strategic move that broadened the Group’s capabilities and reinforced its position as one of the nation’s leading builders.
Today, with more than four decades of excellence, IJM has evolved into a respected Malaysian conglomerate with a growing global footprint, recognised for delivering high-quality solutions to its partners and clients worldwide.
1982
The Meeting of Minds
IGB Construction Sdn. Bhd., Jurutama Sdn. Bhd. and Mudajaya Sdn. Bhd. joined forces to compete equally with well-capitalised foreign players in the growing Malaysian construction industry
1983
When 3 Became 1
The three companies joined hands and Solidstate Sdn. Bhd. was incorporated. First tagline: “Big, Strong. and Caring”
1984
The Birth of the IJM Name
The company was renamed IJM Engineering and Construction Sdn. Bhd. — a name that comprises the first initials of the three original companies (IGB, Jurutama and Mudajaya), arranged in alphabetical order
1984-1987
Our First Major Undertakings
Major contract: Construction of three major interchanges for the KL–Seremban Toll Expressway (RM40.2 million)
Corporate acquisition: Pucung Building Products Sdn. Bhd. (49%) for quarry operations
International joint venture: IJM Degremont Sdn. Bhd. formed with Lyonnaise de Eaux, Degremont SA of France and local partners for water projects
Corporate wholly subsidiary (excluding three merging companies): Chen Yu Land Sdn. Bhd. in 1984
Plantation: Desa Talisai, a 10,000-acre oil palm plantation near Sandakan, Sabah
Property privatisation projects: PKNS housing (Selangor) and Batu Lancang Apartments (Penang)
1985
Pioneering Spirit
Secured first project in Sydney, Australia and built residential units in Florida, USA
Ventured into oil palm cultivation in Sabah
Acquired Sharidal Complex (now Wisma IJM) in Petaling Jaya — IJM’s head office
1986-1988
Going International
Property development and construction projects in USA, Australia, Hong Kong, UK, Singapore, Pakistan and Bangladesh
1988
IJM Goes Public
Became a public-listed company with market capitalisation of RM66 million and total assets of RM172 million — marking a new era of growth and opportunity
1989
IJM Corporation Berhad Was Born
With a new name and logo, IJM became one of the most favoured stocks among foreign institutional investors in the infrastructure and construction sector
1991
Birth of a New Division
In a strategic move to achieve economies of scale and competitive pricing, IJM expanded its manufacturing operations, resulting in the birth of the Quarrying & Manufacturing division with the acquisition of Malaysian Rock Products Sdn. Bhd.
1991-1998
Heady Days of Growth
Construction business breached the RM1 billion mark
Landmark projects: North–South Highway, Mid Valley Megamall, KLIA, Putrajaya, Commonwealth Games Village, Penang International Education & Technology Centre and Seremban 2 township
International expansion via MASSCORP into Vietnam, Namibia, Argentina, Chile, Philippines, Myanmar, Mauritius, India and China
Commissioned first palm oil mill in Sabah
1994-2010
Building Excellence and Strengthening Communities
IJM’s tagline evolved to “Excellence through Quality”
Achieved ISO 9002 certification for Construction Services
Launched hallmark CSR programmes: IJM Scholarship, Rakan Sukan, Hundred-Acre Wood, Home Rehabilitation and Give Day Out
Recognised as one of Malaysia’s largest and most diversified construction groups both in terms of project type and geographical spread
IJM became a regular newsmaker, hailed as a “construction giant” by the media reporting on our expansion, investments and robust results
1998-2000s
Inspiring India
Made inroads into India’s construction with highway, building and real estate projects across multiple states and Delhi municipality
2000s
Leading the Way
The Industry Division expanded into China, India and Pakistan
1st sand mine established in Bestari Jaya, Selangor with a 100,000-tonne monthly capacity
2000
Winning Awards
1st Malaysian International of the Year Award (CIDB)
2003
Listing of IJM Plantations Berhad
Listed on Bursa Malaysia’s Main Board on July 2, 2003
2004-2005
The Growth Continues
ICP became an IJM subsidiary
Secured first Middle East project: Fortune Tower
Awarded Kajang–Seremban Highway, Menara Bumiputera Commerce and Islamic Art Museum projects
2007
The Game Changer
Acquired the Road Builder Group to become one of Malaysia’s biggest builders
Shift in growth and revenue with the addition of LEKAS, BESRAYA, NPE highways and Kuantan Port
Unveiled The Light Waterfront development in Penang
Total assets exceeded RM11 billion
2009
Growth via Diversification
Major projects: Grand Hyatt KL, Electrified Double Track (Seremban–Gemas), six-laning of Chilakaluripet–Vijayawada (India)
ICP delisted and became wholly owned
Commenced oil palm planting in Kalimantan, Indonesia
2012-2013
Pioneering Inroads
Secured first aboveground Klang Valley MRT package
2012
Oil and Gas Exploration
Acquired 25% stake in Scomi Group, establishing a new revenue stream and entering oil & gas for regional opportunities
2014
IJM Land Goes Private
The privatisation exercise strengthened both IJM Land and IJM, enabling the company to leverage IJM’s financial standing and resources to undertake larger scale projects in the future
2014-2018
Strategic Blueprint and Innovation
Initiated Blue Ocean Strategy and Digital Transformation to elevate business growth and commitment to sustainability
2014-2019
Building Capacity
Executing one of the biggest projects in IJM's history: West Coast Expressway (WCE), Kuantan Port 2 and The Light Waterfront Penang
Secured major projects: LRT3 and Solapur–Bijapur Tollway
Building a strong footprint in Tun Razak Exchange
Spearheaded Malaysia–China Kuantan Industrial Park (MCKIP), attracting RM28.8 billion FDI
Formed joint venture with Perennial Holdings Limited to develop The Light City (Penang), GDV RM4.5 billion
FIABCI World Prix D’Excellence Awards (World Gold Winner, Master Plan Category)
2020-2025
Delivering Today, Building Tomorrow
Strategic Focus blueprint launched – focus on building resilience and pursuing new growth avenues:
Divested 56.2% stake in IJM Plantations to streamline core businesses
Completed 85 Royal Mint Gardens in 2019— IJM Land’s maiden London property
Strategic acquisitions: 60% of GlobalComm Solutions
Commissioned Industrialised Building System (IBS) plant (500,000 m² annual capacity)
Secured data centres and semiconductor projects, entered the logistics sector and reaffirmed our commitment to achieving net-zero emissions by 2050
Ventured into the United Kingdom by partnering with Innova-Network Rail on rail oversite developments in London, acquiring the historic 25 Finsbury Circus property and securing a 50% equity stake in JRL Group to drive growth
1982 - 1990
1991 - 2000
2001 - 2010
2011 - 2019
2020 - 2025
Next Level Growth, New Frontiers
FY2026-FY2030
Optimise Capital Management
Drive Growth
- Scale up existing businesses
- Pursue new business frontiers to create sustainable long-term growth
- Broaden regional presence and strengthen international platforms
- Grow recurring and resilient income across core and emerging businesses
Optimise Capital Management
Optimise Capital Management
- Unlock value through strategic monetisation and capital recycling initiatives
- Enhance financial discipline and capital efficiency
- Rationalise overseas portfolio
Optimise Capital Management
Shape Transformation
- Uphold strong governance, risk management and performance culture across all divisions
- Adoption of AI, IR4.0 and smart city initiatives
- Strengthen sustainability and ESG practices to support long-term value creation
- Foster workforce agility and future-ready competencies to adapt to market changes