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Sunday, 18 October 2026
Markets

Gamuda Poised to Hit RM45 Billion Order Book by Year-End, Bolstered by Key Domestic Wins

By Katherine (Kay)2 min read

Gamuda Berhad is on track to reach an order book of up to RM45 billion by the end of 2025, anchored by a steady stream of domestic project wins and growing momentum in its overall project pipeline. Analysts and company insiders alike identify this as a significant achievement—one that reflects both the firm’s execution capabilities and Malaysia’s active infrastructure expansion.

Already, Gamuda reported an all‑time high construction order book of RM36 billion in the second quarter of its 2025 fiscal year, which concluded on January 31—evidence of robust award activity so far this year. The company is now expected to meet, if not exceed, its RM40 billion to RM45 billion annual target through an array of high-profile contracts secured since mid-year.

A standout contributor is Gamuda’s recent venture in Perak’s water infrastructure sector. The company, in a joint initiative with Perbadanan Kemajuan Negeri Perak (PKNPk), is set to undertake a RM5 billion water treatment and distribution project. Not only does this project promise attractive recurring income, but it also has the potential to boost Gamuda’s year‑end order book to approximately RM47 billion, as forecasted by CGS International.

This incremental revenue stream comes at a critical time. Infrastructure firms like Gamuda are increasingly dependent on both bottom‑up momentum from private sector awards and top‑down support from government-driven development projects. The Perak win signals a willingness by authorities to fast-track strategic projects, offering financial stability and continued pipeline visibility for the company.

With its order book growing and a high-certainty project pipeline in place, Gamuda appears well-positioned to surpass previous records. As the year unfolds, its trajectory underscores the resilience of Malaysia’s infrastructure sector and highlights the potential rewards for companies with diversified domestic portfolios.

Author

  • Kay like to explores the intersection of money, power, and the curious humans behind them. With a flair for storytelling and a soft spot for market drama, she brings a fresh and sharp voice to Southeast Asia’s business scene.
    Her work blends analysis with narrative, turning headlines into human stories that cut through the noise. Whether unpacking boardroom maneuvers, policy shifts, or the personalities shaping regional markets, Kay offers readers a perspective that is both insightful and relatable — always with a touch of wit.