The consecutive acquisition of strategic infrastructure ontracts in Australia has not only propelled Gamuda Bhd’s total order book to a record high of RM46 billion but also affirmed the group's capability to execute complex, large-scale projects amidst a global push for energy transition and sustainable development.

Expanding Project Portfolio in Australia, Order Book Hits a Record High

Gamuda Bhd has just announced a series of new contracts in Australia, thereby driving the group's total order book to its highest level in history—RM46 billion. This is considered a major milestone in Gamuda's international expansion strategy, particularly in developed markets with high technical requirements and stringent execution standards.

In the latest announcement, the New South Wales Government, through its procurement body Sydney Metro, officially appointed Gamuda Engineering—a 100% wholly-owned subsidiary of Gamuda—to deliver the Sydney Metro West – Stations Package West, with a total value of AUD 2.7 billion (equivalent to approximately RM7.32 billion).

This stands as the largest single project that Gamuda has ever won in the Australian market. The package comprises the design and construction of five metro stations along the Sydney Metro West line, including Westmead, North Strathfield, Burwood North, Five Dock, and The Bays. The scope of work spans from the construction of station structures, entrances, and access points to interior fit-outs, associated infrastructure, and transport integration.

According to the plan, the detailed planning and design phase will commence in January 2026. Main construction works are expected to kick off in late 2026 or early 2027 and reach completion by 2031.

In parallel with the metro project, Gamuda continues to make its mark in the renewable energy sector. Its Australian subsidiary, DT Infrastructure, has been awarded a contract to construct the Balance of Plant (BoP) infrastructure for the Carmody’s Hill wind farm project in northern South Australia, valued at AUD 265 million (equivalent to RM718 million).

Just a day prior, a 50:50 joint venture between DT Infrastructure and Samsung C&T Corporation, operating under the name TasVic Greenlink, also secured the Marinus Link Stage 1 – Balance of Works contract worth AUD 994 million (equivalent to approximately RM2.69 billion). Both energy projects are scheduled to break ground in early 2026, with execution timelines of 5 years and 28 months, respectively.

Marinus Link Project – A Strategic Piece in Australia’s Green Transition Roadmap

Marinus Link is regarded as one of Australia’s critical energy infrastructure projects, playing a pivotal role in the national electricity grid upgrade plan. The project aims to build a large-scale electricity transmission connection between Tasmania—which boasts abundant hydro and wind power resources—and Victoria, home to major energy consumption hubs.

In the context of Australia setting targets to reduce carbon emissions and increase the share of renewable energy in the national power mix, Marinus Link plays a crucial role in stabilizing the electricity system, optimizing clean energy sources, and enhancing energy security. Consequently, the project is co-owned by the Australian Federal Government along with the state governments of Victoria and Tasmania, reflecting its national strategic significance.

The first stage of Marinus Link will connect northwestern Tasmania with the Latrobe Valley in Victoria via a subsea cable system integrated with state-of-the-art converter stations. This is a highly technical component requiring international construction experience and complex project management capabilities—factors that helped the Gamuda – Samsung C&T joint venture emerge victorious in a competitive bidding process.

According to the published information, the 50:50 joint venture between Gamuda and Samsung C&T will oversee the civil, structural, and electrical engineering components of the project. Upon completion, Marinus Link is expected to significantly boost electricity transmission capacity, particularly reinforcing the interconnection between Tasmania and Victoria, thereby supporting the efficient distribution of renewable energy on a broader scale.

New Growth Momentum and Gamuda's Global Footprint

It is estimated that Gamuda's revenue share from the Marinus Link project will hover around AUD 497 million (equivalent to RM1.34 billion). Beyond securing a stable, long-term pipeline of work, this contract further solidifies Gamuda's portfolio of international infrastructure projects alongside the large-scale transport, energy, and township developments the group is deploying across multiple markets.

Australia is currently identified as one of the key core markets in Gamuda's international expansion strategy, especially within the engineering and construction segment. According to an analysis by BIMB Securities, Gamuda aims to double its engineering revenue in Australia from RM12.5 billion in financial year 2025 to RM25 billion by financial year 2028. Winning the Marinus Link bid is evaluated as an important step, laying a solid foundation to realize this growth objective.

Affirming Capabilities in Executing Complex Infrastructure Projects

Being selected to participate in Marinus Link also demonstrates Gamuda’s established reputation and construction capabilities in the international arena. The project is not only massive in scale but also demands the integration of various complex technical categories, ranging from structural construction and electrical system installation to executing under harsh terrain and marine environmental conditions.

The collaboration between Gamuda and Samsung C&T—one of the world's leading construction conglomerates—is expected to ensure project progress, quality, and safety. At the same time, this serves as a testament to the effective partnership capabilities of Asian enterprises in delivering infrastructure projects of global stature.

Positive Market Signals and Sustainable Development Orientation

The news of consecutive major contract wins in Australia quickly generated a positive ripple effect in the financial market. At the close of the latest trading session, Gamuda's shares rose by over 2%, pushing its market capitalization to approximately RM28.7 billion. This movement reflects investor confidence in the group's long-term growth prospects, particularly as renewable energy infrastructure projects open up massive development headroom worldwide.

From a long-term perspective, Marinus Link is not merely a conventional construction contract; it embodies Gamuda's sustainable development orientation. Engaging deeply in national-scale renewable energy projects indicates that the group is proactively capturing global trends while actively contributing to the green growth targets of major economies.

Since 2007, Gamuda Land has continuously expanded its presence in Vietnam with a portfolio of numerous large-scale real estate projects, ranging from Gamuda City (Hanoi) and Springville (Dong Nai) to key developments in Ho Chi Minh City such as Celadon City, Elysian, Eaton Park, The Meadow, and Artisan Park.