# SRS TC awarded RM3.72B reclamation contract for Penang Island A

Silicon Island Development Sdn Bhd awarded a RM3.72 billion turnkey contract to SRS TC Sdn Bhd for the Phase 1 reclamation of Island A, Penang South Reclamation. SRS TC onward awarded the work to Gamuda Engineering Sdn Bhd.

- Type: Contract
- Announced: 2023-06-22
- Where: Penang, Malaysia
- Value: $800.0M (3.72B MYR)
- Status: announced
- Products: land reclamation
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Gamuda](https://endata.com/companies/62060.md) (partner)
- [Silicon Island Development Sdn Bhd](https://endata.com/companies/71015.md) (customer)
- [SRS TC Sdn Bhd](https://endata.com/companies/71016.md) (supplier)
- [Gamuda Engineering Sdn Bhd](https://endata.com/companies/71017.md) (supplier)

## Sources

- [thestar.com.my](https://www.thestar.com.my/business/business-news/2023/06/22/srs-tc-secures-rm372bil-construction-work-in-penang), 2023-06-22: "The scope of the contract includes design, management, construction and completion of the Phase 1 Reclamation Works for Island A measuring approximately 655.59 hectares all in compliance with the authorities’ approvals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.