Gamuda Berhad together with its joint venture partner John Holland Pty Ltd has landed the M1 Motorway Extension to Raymond Terrace: Black Hill to Tomago Works project awarded by Transport for New South Wales, a procurement entity for the New South Wales Government in Australia.
The job which entails the design and construction of the motorway extension was awarded to a joint venture of 60 (John Holland) / 40 (Gamuda) revenue share with equal decision-making through joint venture governance. The total contract sum was estimated to be AUD1.029 billion (equivalent to approximately RM3.03 billion)
Gamuda is expected to gain a revenue of AUD411 million (equivalent to approximately RM1.21 billion). The scope of work includes 10 kilometres of greenfield dual carriageway motorway between the M1 Motorway at Beresfield and Tomago. Major interchanges at Black Hill, Tarro, and Tomago, and construction of nine bridges including a viaduct approximately 2.6 kilometres long across the Hunter River and floodplain.
Commencement Date Planning and detailed design commences immediately with site investigations and utilities work
in mid-2023.
John Holland is one of Australia’s leading building, infrastructure, rail, and transport companies and currently delivers many of Australia’s largest infrastructure projects – from the Melbourne Metro Tunnel and Sydney Metro to the Australian-first Kidston Pumped Storage Hydro Project in Queensland – as well as the Sydney Gateway road project, Batemans Bay Bridge and another significant road, water, property, and urban renewal projects.
Its parent company, CCCI, is a wholly owned subsidiary of China Communications Construction Company Limited (“CCCC”), which is dual-listed on the Hong Kong and Shanghai Stock Exchanges.
