Gadang sends in RM300m bid for LCCT runway job

By Sharen Kaur
Published in NST, Jan 5 2010

GADANG Holdings Bhd (9261) has submitted a RM300 million bid to construct a 4km long runway for the RM2 billion low-cost carrier terminal (LCCT) project in Sepang, Selangor.




Managing director Tan Sri Kok Onn told Business Times that the firm expects to know within the next two weeks if it is successful in the tender.



Kok also said Gadang has submitted a bid to Malaysia Airports Holdings Bhd (MAHB) to construct the terminal building at the new LCCT for about RM1 billion.



"We lost out to WCT for the first package but that did not deter us from bidding for the remaining packages.

WCT Bhd clinched the first package, worth around RM363 million, from MAHB in December last year for works that include site preparation, earthworks and main drainage.



"While the bids have become very competitive, we hope to get a slice of the cake based on our track record," Kok said.



The new LCCT, located 1.5km from the Kuala Lumpur International Airport, is scheduled to be completed by third quarter of 2011.



It is expected to cater to 30 million passengers yearly, with capacity for up to 45 million passengers a year.



The LCCT is the single largest private finance initiative building project under the infrastructure allocation of the second stimulus package.



Other companies which have submitted bids for the project are IJM Corp Bhd, Ireka Corp Bhd, Fajarbaru Builder Group Bhd, Bina Puri Holdings Bhd, Sunway Holdings Bhd and Mudajaya Group Bhd.



PJI Holdings Bhd, meanwhile is keen to provide mechanical and electrical engineering services for RM500 million.