In a filing with Bursa Malaysia today, the engineering company said the project was awarded to its unincorporated joint venture (JV), in which Gamuda holds a 70% stake and Dong Pi the remaining 30%.

It was awarded by Taiwan International Ports Corp Ltd, Kaohsiung Branch, the state-owned port authority managing the Port of Kaohsiung.

“The project involves construction of 2.19km of seawall, 1.2km of connecting bridge, wharf, unloading platform, connecting platform and caisson-type docks.

“The project aims to establish a complete and secure process for offshore unloading and onshore receiving of LNG and to ensure the efficient import, storage, and regasification of LNG for delivery to Dalin and surrounding users,” it said.

Gamuda said the project is expected to generate approximately RM2.6 billion in revenue for the company and contribute positively to the group’s revenue and earnings from the financial year ending July 31, 2026, onwards, until its expected completion within five years.