马来西亚59.8亿令吉水电项目合同授标

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（**坡29日讯）金务大（Gamuda Bhd）（KL:GAMUDA****公司获委任为承包商，负责建造Ulu Padas水电项目的第一期工程，合同总值59亿8000万令吉。

****将上述合同授予UPP Holdings****公司****公司Upper Padas Power****公司（UPPSB）。金务大持有UPP Holdings的45%股权，Sabah Energy Corporation****公司持股40%，以及Kerjaya Kagum Hitech JV****公司持有剩余的15%股权。

****交易所报备，第一期工程包括在Beaufort****处理厂（每日处理能力为3亿5000万公升），以及铺设水管（从实必丹到亚庇、全长约200公里）。

上述工程将于今年5月启动，目标竣工日期为自场地交付之日起42个月内，预计2029年处理后的水将输送给最终用户。金务大预计，****集团收益（从截至今年7月杪财年开始，直至合同完成）做出积极贡献。

金务大指出，该电厂将与装机容量为187.5兆瓦的Ulu Padas水电项目形成互补和整合。建成后，这座“附加式”水电厂将大规模向沙巴供水，有助于解决因储备余量紧张和持续存在的无收益水问题而造成的长期短缺问题。

金务大表示，根据付款结构，7亿5900万令吉将分三期中期付款支付，剩余的52亿2000万令吉将在项目完成后支付。

金务大说：“这些项目带来的水电安全保障，对于吸引高影响力投资者至关重要，他们将是推动沙巴未来几年经济增长的关键。”

Ulu Padas供水计划于2023年10月宣布，将分阶段开发，最终设计产能为每天9.5亿公升，为沙巴西海岸供水。

截至1月底，金务大的订单总额达到创纪录的440亿令吉，这得益于澳洲业务扩张，****公司赢得了多项大型基建设施和能源合同。未入账产业销售额也达到了创纪录的80亿令吉。

截至今年1月杪第二季（2026财年第二季），该集团的净利增长5%至2亿2952万令吉，一年前为2亿1885万令吉，得益于国内项目活动走强抵消了国外账单收入疲软所带来的影响。季度营业额按年上涨10%至43亿令吉。

截稿时，金务大挫5仙或1.12%，至4.41令吉，市值达263亿9000万令吉。年初迄今，该股下滑了逾10%。

KUALA LUMPUR (April 29): Gamuda Bhd (KL:GAMUDA) said on Wednesday its joint venture has been appointed as the contractor for the first phase of the Ulu Padas water supply project valued at RM5.98 billion.

The contract was awarded by the Sabah State Water Department to Upper Padas Power Sdn Bhd (UPPSB), a wholly-owned subsidiary of UPP Holdings Sdn Bhd. Gamuda holds a 45% stake in UPP Holdings, while Sabah Energy Corporation Sdn Bhd owns 40% and Kerjaya Kagum Hitech JV Sdn Bhd holds the remaining 15%.

The first phase involves the construction of a water treatment plant in Beaufort with a capacity of 350 million litres per day, along with approximately 200km of pipelines spanning Sabah’s west coast from Sipitang to Kota Kinabalu, Gamuda said in an exchange filing.

Construction is slated to begin in May 2026, with completion targeted within 42 months from the date of site possession, and treated water expected to be delivered to end-users by 2029. The contract is projected to contribute positively to Gamuda's earnings from the financial year ending July 31, 2026 through to completion.

Under the payment structure, RM759 million will be paid via three progressive interim payments, with the remaining RM5.22 billion payable upon completion, said Gamuda.

According to Gamuda, the plant will complement and be integrated with the Ulu Padas hydroelectric project, which has an installed capacity of 187.****. Once operational, the “bolt-on” facility is expected to supply treated water at scale to Sabah, helping to address long-standing shortages caused by tight reserve margins and persistent non-revenue water issues.

“The water and power security delivered by these projects will be critical to attract high-impact investors, which will be key to driving Sabah’s economic growth in the years to come,” said Gamuda.

The Ulu Padas water supply scheme, announced in October 2023, will be developed in phases, with an ultimate design capacity of 950 million litres per day to serve Sabah’s west coast.

As at end-January, Gamuda’s order book stood at a record RM44 billion, supported by the expansion of its Australian operations following several major infrastructure and energy contract wins. Its unbilled property sales also reached a record RM8 billion.

For the second quarter ended Jan 31, 2026 (2QFY2026), the group’s net profit rose 5% to RM229.52 million from RM218.85 million a year earlier, as stronger domestic project activity offset weaker foreign billings. Quarterly revenue increased 10% year-on-year to RM4.3 billion.

At market close on Wednesday, shares of Gamuda slipped four sen or 0.9% at RM4.****. This gave the construction group a market capitalisation of RM26.33 billion. Year-to-date, the counter has fallen over 10%.

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