Partnership for Malaysia’s key routes

A new partnership between Naim Holdings and Samuda has been formed in Malaysia with the intention of bidding for major road projects. The firms are keen to bid on the coastal highway, which will connect with the Pan Borneo Highway. The two companies are also working together as a joint venture at present on a US$284.7 million contract to build an 89km stretch of the Pan Borneo Highway in Sarawak, one of 11 sections of the route currently under construction. Malaysia’s Pan Borneo Highway is due for completion in 2021 with the 900km route costing an estimated $3.86 billion to build.