# Gamuda wins $1.8 billion rail project in Penang, Malaysia

A unit of Gamuda, SRS Consortium (60% owned by Gamuda), won an 8.3 billion ringgit ($1.8 billion) contract to design and build the 23.7-kilometer Penang LRT Mutiara Line project in Malaysia.

- Type: Contract
- Announced: 2025-01-13
- Where: Penang, Malaysia, Malaysia
- Value: $1.80B
- Status: announced
- Products: commuter railway

## Companies

- [Gamuda](https://endata.com/companies/62060.md)
- [SRS Consortium](https://endata.com/companies/82296.md)

## Sources

- [forbes.com](https://www.forbes.com/sites/jonathanburgos/2025/01/13/tycoon-lin-yung-lings-gamuda-wins-18-billion-rail-project-in-penang/), 2025-01-13: "A unit of Gamuda—a construction company cofounded by Malaysian tycoon Lin Yun Ling—won an 8.3 billion ringgit contract ($1.8 billion) to design and build a commuter railway project in the northern Malaysian state of Penang."

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