RM27bil non-toll Pan Borneo Highway to boost Sarawak players


Highway works: Lebuhraya Borneo Utara Sdn Bhd is the project delivery partner for the toll-free stretch of the Pan Borneo Highway on the Sarawak side.

PETALING JAYA: The RM16bil Sarawak stretch of the Pan Borneo Highway can boost key contractors in the country’s largest state, including Naim Holdings Bhd, Zecon Bhd, Cahya Mata Sarawak Bhd and Hock Seng Lee Bhd.

CIMB Research construction analyst Sharizan Rosely said these companies were among those that were likely to be in a position of strength when bidding for the multi-billion contract.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Automotive , Pan Borneo , highway , sarawak , sabah , non-toll ,

   

Next In Business News

Ringgit extends uptrend against greenback in early trade
FBM KLCI rebounds as Wall Street returns to a rally
Trading ideas: PetDag, Atlan, Thong Guan, Maxim, Globetronics, 7-Eleven, Petron, DRB-Hicom, Dayang, MSM, Aeon, SunCon, UEM Sunrise
Oil rises 2% as Russia-Ukraine war escalates
Wall St ends higher as Dow, S&P hit one-week tops
7-Eleven’s quarterly revenue climbs
SimeProp seeks quality assets for recurring income
Lower interest costs buoy TSH nine-month showing
Zetrix a profit driver for MyEG Services
NFO segment to sustain Sports Toto’s earnings

Others Also Read