News about Pan Borneo

KUALA LUMPUR (Nov 8): Payment for the Pan Borneo highway project is not delayed and is expected to arrive as per the agreement with the works package contractors (WPCs), said Lebuhraya Borneo Utara (LBU).

KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.

KUALA LUMPUR (Oct 14): The government will be opening up RM925 million worth of packages for the Sabah portion of Pan Borneo Highway in the first quarter of next year (1Q20).

KUALA LUMPUR (Sept 28): Gamuda Bhd returned to the black in the fourth financial quarter ended July 31, 2019 (4QFY19), posting a net profit of RM184.

KUALA LUMPUR (Spet 6): The government has decided to terminate the project delivery partner (PDP) agreement for the Sarawak portion of the Pan Borneo Highway project although nearly half of the first phase has been completed, sources close to the matter said.

KUALA LUMPUR (Aug 30): Kimlun Corp Bhd's net profit rose 36.

KUALA LUMPUR (July 12): The first phase of the Pan Borneo Highway in Sarawak is 45% complete, slightly ahead of the scheduled completion rate of 43%, said Works Minister Datuk Baru Bian.

KUALA LUMPUR (July 8): The government is still reviewing the completion date for the Sabah section of Pan Borneo Highway.

KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.

KUALA LUMPUR (April 23): The government will tender out three additional work packages under the Sabah portion of the Pan Borneo Highway (pictured) project “in the near future”, according to the works ministry.