Gamuda sells Port Dickson land, secures RM1b data centre works

• Gamuda said the deal reflects its shift toward being a full-service partner for hyperscale data centre developments.

PETALING JAYA (May 5): Gamuda Bhd’s wholly-owned indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (Gamuda DCI) is selling approximately 389 acres of industrial land in Port Dickson, Negeri Sembilan to Pearl Computing Malaysia for RM455.23 million.

According to its exchange filing, the land comprises four plots, with three of them set to be merged under a single title. It was previously converted from agricultural to industrial use.

Under the deal, Gamuda DCI will also handle all the groundwork and infrastructure setup for the buyer. This includes earthworks, access roads, and a full external water supply system.

The contract for this part of the job is valued at RM1.008 billion and will be completed in stages, with the final phase targeted for completion in late 2028.

The enabling works involve building a new water treatment plant capable of producing 65 million litres per day, as well as off-river storage facilities to ensure stable water supply even during dry seasons.

Gamuda said the deal reflects its shift toward being a full-service partner for hyperscale data centre developments.

“This one-stop model leverages the company’s core engineering expertise and next-gen Industrial Building System, which accelerates structural delivery with offsite precision manufacturing.

“This end-to-end approach de-risks early-stage development, shortens timelines, and guarantees quality and cost, which sets the company apart as a strategic infrastructure partner in the digital economy,” it said in a statement.

Earthworks are expected to be completed by the third quarter of 2025, the water treatment plant by the second quarter of 2027, and the off-river storage system by the fourth quarter of 2028.

This is the second partnership between Gamuda and Pearl Computing. In 2024, the latter hired Gamuda to carry out mechanical and electrical fit-out works for a data centre project in Elmina, Selangor.

Gamuda expects the transaction to contribute positively to the earnings and net assets for the financial year ending July 31.

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