GDB Secures RM306 Million Hospital Project In Bukit Jalil [ Business Today (online)]

Construction services firm GDB Holdings Berhad (GDB MK), through its wholly owned subsidiary Grand Dynamic Builders Sdn Bhd (GDBSB), today secured its maiden hospital project as the main contractor for the construction of a private hospital from KL International Hospital Sdn Bhd worth RM306 million.
KL International Hospital Sdn Bhd is a subsidiary of KL Wellness City Sdn Bhd. The contract includes execution, performance, design (where applicable), construction, completion, commissioning of machinery and equipment, and maintenance (if applicable) of the private hospital building located at Bukit Jalil, Kuala Lumpur.
The construction of the hospital will be carried out over a period of 25 months, commencing on 16 March 2024.
GDB Holdings Berhad Group Managing Director Cheah Ham Cheia said: “We are pleased to be chosen to undertake the construction of the hospital at KL Wellness City, and to play a pivotal role in erecting a landmark building in this visionary city. The contract marks a significant milestone as we embark on constructing a state-of-the-art hospital and at the same time elevating our track record. Our ongoing commitment to deliver our projects with high quality and on time remains unwavering to our clients.”
The hospital will be the centrepiece of KL Wellness City, poised to be a world-class hub for both domestic and international healthcare and medical services, featuring Centres of Excellence across areas including cardiology, spine health, neuro health, sports medicine, cosmetic surgery and fertility.

With this win, GDB’s current orderbook stands at RM475 million, from RM169 million as at 30 September 2023. GDB intends to fund the project with internally generated funds and/or bank borrowings.