In a statement, IJM Corp said a 50:50 joint venture between Woh Hup Malaysia Sdn Bhd and IJM Construction had been awarded a RM508 million contract from an international data centre developer.

“The project involves the construction of two data centre buildings in Gelang Patah, Johor, with ‘building one’ scheduled for completion in the third quarter of 2025 (Q3 2025) and ‘building two’ in Q1 2026,” it said.

The group said IJM Construction has also secured a RM307 million contract for the construction of a new electrical and electronic (E&E) manufacturing and warehousing facility in Batu Kawan, Penang.

It added that the state-of-the-art 560,000 sq ft facility, located on an 8.09 hectare (20-acre) plot within the Bandar Cassia Technology Park, is for a US-based company in the E&E sector, which aims to support growth in the semiconductor capital equipment and healthcare device markets.

“Construction of the facility is set to begin in August 2024, with completion expected by October 2025,” it said.

IJM Corp group CEO and managing director Lee Chun Fai said securing these contracts highlights IJM Construction’s expertise in managing complex projects on accelerated schedules, as specialist builders of industrial buildings, data centres and integrated logistics centres.

“The increasing demand for data centres and E&E facilities aligns with our strategic focus, opening new avenues for growth in these critical sectors.

“Collaborating with reputable partners such as Woh Hup enhances our ability to meet industry demands and deliver reliable results,” he added.

The two contracts have brought IJM Construction’s secured jobs year-to-date to RM1.9 billion.

“Including the RM6 billion outstanding order book as of March 31, 2024, the group’s total order book now stands at RM7.9 billion,” it said.

At the close of trading, IJM Corp’s share price was unchanged at RM3.20, giving the company a market capitalisation of RM11.67 billion.