KUALA LUMPUR – IJM Corporation Bhd’s wholly-owned subsidiary, IJM Construction Sdn Bhd, has been awarded a RM1.4 billion contract by New Pantai Expressway Sdn Bhd to design and build the New Pantai Highway Extension (NPE 2).
In a filing with Bursa Malaysia today, IJM said the project entails the construction of a fully elevated 15-kilometre highway, complete with directional ramps and a new toll plaza. The NPE 2 will connect the existing Pantai Dalam Toll Plaza to the Jalan Istana Interchange via Jalan Syed Putra.
The project is scheduled to begin in the fourth quarter of 2025 and is expected to be completed within 48 months from its commencement date.
IJM Corporation group chief executive officer and managing director Datuk Lee Chun Fai said the contract marks a key milestone as the project moves from the planning to the implementation phase.
“It also marks our third project above RM1 billion this year after the RM1.4 billion fast-track data centre in Johor and the RM2.135 billion hyperscale data centre development in Elmina.
“Together, these wins reflect IJM Construction’s progress in delivering large-scale projects across industrial and infrastructure sectors,” he said in a statement. – November 5, 2025