IJM Corp Bhd unit IJM Construction Sdn Bhd has secured a RM349.98mil job from Jambatan Kedua Sdn Bhd (JKSB) for the construction of the second Penang bridge.
The contract includes Package 3B: Batu Kawan Expressway which involves the construction of a 5.7km dual two-lane carriageway with a cloverleaf interchange and four bridges.
IJM told Bursa Malaysia that the construction period was 31 months from the date of site possession on June 28.
JKSB is a unit of the Minister of Finance, Inc.
The estimated cost of RM4.5bil may be revised downward due to competitive pricing, according to a recent news report.
The 24km second bridge will link Batu Kawan in Seberang Perai to Batu Maung on Penang island.
The contract includes Package 3B: Batu Kawan Expressway which involves the construction of a 5.7km dual two-lane carriageway with a cloverleaf interchange and four bridges.
IJM told Bursa Malaysia that the construction period was 31 months from the date of site possession on June 28.
JKSB is a unit of the Minister of Finance, Inc.
The estimated cost of RM4.5bil may be revised downward due to competitive pricing, according to a recent news report.
The 24km second bridge will link Batu Kawan in Seberang Perai to Batu Maung on Penang island.
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