Three companies bag $995 million deal to extend Taipei’s MRT

Neil Gerrard Senior Editor, Construction Briefing

22 October 2024

Skyline in Taipei, Taiwan Skyline in Taipei, Taiwan (Image: TPG via AdobeStock - stock.adobe.com)

Malaysian construction company Gamuda has won a US995 million deal to build an extension to Taipei’s mass rapid transit (MRT) system in conjunction with two Taiwanese firms.

Gamuda announced that it had been awarded the 4.3 billion ringgit contract to design and build a new 5.8km track within Taipei Neihu district and New Taipei City’s Xizhi district.

It will undertake the work in joint venture with Taiwan-based MiTAC Information Technology and Dong Pi. Gamuda has a 75% stake in the venture.

Gamuda said the seven-year-long project was expected to generate about 3.2 billion ringgit (US$740 million) in revenue for the company.

China (inc. Taiwan, Hong Kong, Macau) Contracts & tenders Rail Construction
STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]