IJM wins RM258m contract for ECRL project
PETALING JAYA, 12 August 2021 – Leading builder, IJM Construction Sdn Bhd (“IJM Construction”), a wholly owned subsidiary of IJM Corporation Berhad (“IJM” of “the Group”), has secured a RM258 million contract for the East Coast Rail Link (ECRL) project located in Temerloh, Pahang.
The contract was awarded to IJM Construction by China Communications Construction (ECRL) Sdn. Bhd. early this week. IJM Construction’s scope of work under the contract includes the construction of substructure works and partial superstructure works for the Sungai Pahang bridge, as well as T-Beam fabrication and installation of this bridge and other bridges in Section 6 of the rail link.
Construction work on the project is scheduled to start end of this month and is due for completion in 24 months from the commencement date.
“We are delighted to be part of this strategically important mega project and to be working with China Communications Construction (ECRL) Sdn Bhd. We continue to build on our 38 years of experience and expertise in delivering civil works for major and nationally-significant infrastructure projects,” said Mr Liew Hau Seng, CEO & Managing Director, IJM Corporation Berhad.
As at 31 March 2021, the outstanding order book of IJM’s Construction Division remains healthy at RM4.0 billion, providing near-term earnings visibility. Major projects secured by division in the current financial year include the RM89.8 million contract for the construction of infrastructure building and public realms works at Tun Razak Exchange (TRX), Kuala Lumpur, and another RM237.8 million contract for the construction of Mezzo residential tower at The Light City, Gelugor, Penang.
ICP breaks own record for longest spun pile produced
In a separate development, Industrial Concrete Products Berhad (“ICP”), the Group’s subsidiary involved in the manufacturing of spun piles under its Industry Division, recently set a record for producing the longest ever pretensioned spun high strength concrete piles in the company’s history. With a length of 90 meters and a diameter of 1000mm, the spun pile was custom-casted for a megaproject, the Batang Lupar bridge, in Sebuyau, Sarawak.
At 4.8km long, the bridge will be the longest river-crossing bridge in Malaysia, connecting Samarahan to Betong with a two-lane single carriageway. The project is scheduled to be completed in 2025.
This achievement supersedes ICP’s previous capability to produce spun piles up to 75 meters. ICP's longest pile produced in 2009 was 66 meters for the second Penang Bridge project.
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Loading of the 90-meter spun pile onto a barge directly from ICP’s Lumut factory
About IJM Corporation Berhad
IJM Corporation Berhad (“IJM”), formed in 1983, is one of Malaysia’s leading construction groups and is listed on Bursa Malaysia. Its business activities encompass construction, property development, manufacturing and quarrying, infrastructure concessions and plantations.
Headquartered in Selangor, its operations are located in 8 countries, with primary focus in Malaysia, India and Indonesia. The Group presently has a market capitalisation of around RM6.5 billion and as of March 2021, the Group employed around 4,100 employees and had total assets of RM23.5 billion.
The Group’s belief in a shared destiny with its employees remains pivotal to its growing success while its reputation for professionalism, performance and good governance is acknowledged by customers and investors alike from its numerous corporate and industry accolades. IJM is committed to ethical business conduct and subscribes to the principles of good corporate citizenship for sustainable growth and development.
For more information, visit www.ijm.com