Gamuda banks on construction jobs abroad

The group has a host of overseas projects that are contributing to its earnings.

PETALING JAYA: Gamuda Bhd believes its performance for 2023 will be driven by overseas construction activities and property sales, as projects in Australia and Taiwan continue to pick up pace following the divestment of toll highway operations in the first quarter of this year.

The construction titan said its resilience moving forward will be supported by a sizeable order book of RM20bil, including a A$2bil (RM6.3bil) boost from the acquisition of Downer Transport Projects (DTP) in Australia and unbilled property sales of RM5.7bil.