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Daily Express
4 days ago
- Business
- Daily Express
Azam Jaya gets RM120 million Tawau airport contract
Published on: Thursday, August 07, 2025 Published on: Thu, Aug 07, 2025 Text Size: Yang Berbahagia Datuk Jessica Lo, Executive Director of Azam Jaya, stated, 'As a proud Sabah-grown company, we are honoured to be entrusted with this important project that supports the State's ongoing infrastructure development. TAWAU: Sabah-based major road infrastructure construction player, Azam Jaya Berhad via its wholly-owned subsidiary, Pembinaan Azam Jaya Sdn Bhd, has received the Letter of Acceptance (LOA) from the Ministry of Transport Malaysia for a RM120.9 million contract for the upgrading works for Tawau Airport in Sabah. Under the LOA, Azam Jaya will undertake the project on a design and build basis, including preliminaries, design, construction of terminal buildings and associated works. The contract spans over 3 years, commencing from 22 August 2025, with completion expected by 17 August 2028. Advertisement The upgrading works at Tawau Airport represent a strategic initiative by the government to enhance the airport's capacity, operational efficiency, and overall service delivery. Located on the southeast coast of Sabah, Malaysia, Tawau Airport serves as a vital gateway for both domestic and international travellers. As one of only two airports in the state equipped with immigration counters for international arrivals, Tawau Airport plays a crucial role as a key transit hub in the region. In 2024, the airport ranked as the eighth busiest in Malaysia, handling close to 2.0 million passenger movements, which is a clear reflection of its growing significance in the nation's aviation network. With passenger traffic increasing significantly in recent years, the ongoing upgrades are timely. These improvements are expected to elevate the comfort and experience of travellers while supporting the region's tourism growth and economic development. Advertisement The latest contract will further strengthen Azam Jaya's unbilled order book, which stood at RM1.42 billion as of 31 March 2025, providing healthy earnings and cash flow visibility through to 2028. Azam Jaya's ongoing project portfolio also includes few work packages under the Pan Borneo Highway. These projects are expected to make a growing contribution to the Group's performance as they progress in the coming quarters. Yang Berbahagia Datuk Jessica Lo, Executive Director of Azam Jaya, stated, 'As a proud Sabah-grown company, we are honoured to be entrusted with this important project that supports the State's ongoing infrastructure development. The upgrading of Tawau Airport will not only enhance regional connectivity but also help accommodate the increasing demand for international travel to Sabah's east coast.' 'This contract is a valuable addition to our project portfolio and reinforces the trust placed in our ability to deliver large-scale developments. It also complements our ongoing involvement in the Pan Borneo Highway and further strengthens our footprint across Sabah.' 'With funding allocation for Sabah remaining a priority under Budget 2025, we believe there will be more opportunities to support the State's development. At the same time, we are actively exploring expansion into Sarawak and the Kalimantan region as part of our long-term strategy to broaden our geographical reach. As we scale up, our focus remains on building a strong and sustainable project pipeline. The RM61.5 million raised from our IPO will be used to strengthen our construction capabilities and scale up our operations, allowing us to take on larger, more complex projects and support the long-term growth of our order book.' To recap, Azam Jaya was listed on the Main Market of Bursa Securities on 11 November 2024 under the stock name AZAMJAYA and stock code of 5329. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
The Star
5 days ago
- Business
- The Star
Tawau Airport to get RM120.9mil upgrade
KOTA KINABALU: Sabah-based major road infrastructure construction player Azam Jaya Berhad has received a Letter of Acceptance (LOA) from the Transport Ministry for a RM120.9mil contract to upgrade Tawau Airport. Under the LOA, Azam Jaya, through its wholly-owned subsidiary Pembinaan Azam Jaya Sdn Bhd, will undertake the project on a design and build basis. This includes preliminaries, design, and construction of terminal buildings and associated works. The contract spans three years, commencing on Aug 22, with completion expected by Aug 17, 2028. According to the company, the upgrading works at Tawau Airport represent a strategic initiative by the government to enhance the airport's capacity, operational efficiency, and overall service delivery. Located on the southeast coast of Sabah, Malaysia, Tawau Airport serves as a vital gateway for both domestic and international travellers. As one of only two airports in the state equipped with immigration counters for international arrivals, Tawau Airport plays a crucial role as a key transit hub in the region. In 2024, the airport ranked the eighth busiest in Malaysia, handling close to two million passenger movements, reflecting its growing significance in the nation's aviation network. The company stated that with passenger traffic increasing significantly in recent years, the ongoing upgrades are timely. These improvements are expected to elevate the comfort and experience of travellers while supporting the region's tourism growth and economic development. This latest contract will further strengthen Azam Jaya's unbilled order book, which stood at RM1.42bil as of March 31, 2025, providing healthy earnings and cash flow visibility through to 2028. Executive Director of Azam Jaya, Datuk Jessica Lo, said as a proud Sabah-grown company, they were honoured to be entrusted with this important project that supports the state's ongoing infrastructure development. She noted that the upgrading of Tawau Airport will not only enhance regional connectivity but also help accommodate the increasing demand for international travel to Sabah's east coast. "This contract is a valuable addition to our project portfolio and reinforces the trust placed in our ability to deliver large-scale developments," she said, adding that it also complements their ongoing involvement in the Pan Borneo Highway and further strengthens their footprint across Sabah. "With funding allocation for Sabah remaining a priority under Budget 2025, we believe there will be more opportunities to support the state's development," Lo added. In October last year, Transport Minister Anthony Loke announced that the upgrading of Tawau Airport would begin early 2025 at a cost of about RM130mil, with completion expected in three years. Sixteen companies were shortlisted for the project at that time, with the government in the process of selecting a main contractor.
New Straits Times
5 days ago
- Business
- New Straits Times
Azam Jaya wins RM121mil Tawau Airport upgrade job
KUALA LUMPUR: Azam Jaya Bhd's unit Pembinaan Azam Jaya Sdn Bhd has bagged a RM120.9 million contract from the Transport Ministry for upgrading works at Tawau Airport in Sabah. The company will undertake the project on a design and build basis, including preliminaries, design, construction of terminal buildings and associated works. The contract spans over three years, starting from Aug 22, 2025 and expected to complete by Aug 17, 2028. In a statement, Azam Jaya said the new contract will further strengthen its unbilled order book, which stood at RM1.42 billion as of March 31, providing healthy earnings and cash flow visibility through to 2028. Executive director Datuk Jessica Lo said the upgrading of Tawau Airport enhance regional connectivity and help accommodate the increasing demand for international travel to Sabah's east coast "As a proud Sabah-grown company, we are honoured to be entrusted with this important project that supports the state's ongoing infrastructure development," she said. Lo added that the contract complements Azam Jaya's ongoing involvement in the Pan Borneo Highway and further strengthens its footprint across Sabah. "With funding allocation for Sabah remaining a priority under 2025 Budget , we believe there will be more opportunities to support the state's development. "At the same time, we are actively exploring expansion into Sarawak and the Kalimantan region as part of our long-term strategy to broaden our geographical reach," she said.
Borneo Post
5 days ago
- Business
- Borneo Post
HPPNK 2025 draws over 300,000 visitors, RM76 Million in sales, boosts Sabah's agro potential
Mohamad Sabu (centre) speaking at the press conference. Arthur is at left. KOTA KINABALU (Aug 6): The National Farmers, Breeders and Fishermen's Day (HPPNK) 2025 held in Sabah on August 1-3 has significantly boosted the state's profile in the agriculture sector, drawing over 300,000 visitors and generating more than RM76 million in sales. Agriculture and Food Security Minister Datuk Seri Mohamad Sabu said the event — held in conjunction with the 50th anniversary of HPPNK — attracted strong participation from 130 agro-based entrepreneurs and drew visitors from Sarawak, Brunei, Indonesia, and the Philippines. 'This year's event is a testament to Sabah's growing role in the nation's agri-food sector. We've seen tremendous interest and economic impact,' he said during a press conference on Sunday. Among the wide array of products showcased were local snacks, cooking pastes, frozen goods, traditional drinks, herbal and botanical items, agricultural inputs and Sabah-grown coffee. Mohamad Sabu also announced that 14 Memoranda of Understanding (MoUs) and strategic agreements had been involving a total of RM526 million in investments across the agriculture, fisheries and energy sectors. He confirmed that his ministry will host the Malaysia Agricultural, Horticulture and Agrotourism Exhibition (MAHA) next year, alongside a smaller-scale version of HPPNK, in view of this year's milestone celebration. 'Now, we are seeing more people, especially the youth, becoming successful in agriculture. My ministry will continue efforts to show them this can be a lucrative and fulfilling field,' he said, adding that more youths from Sabah are entering the industry and inspiring others. In his speech earlier, Mohamad Sabu outlined four key focus areas of HPPNK 2025, aimed at driving structural and cultural shifts in Malaysia's agriculture sector: 1. Agro Millennia – Designed to empower youth through education, training, career development, and access to government support including grants and entrepreneurial guidance. 2. Sufficient and Guaranteed – Focused on strengthening the agro-food ecosystem through technology and sustainable practices to boost productivity and food security. 3. Madani Prosperity – Emphasising the central role of farmers, breeders and fishermen in domestic production to reduce reliance on imports. 4. Sales and Entrepreneurship – A strategic platform to promote local agro-food products and expand market reach, including international exposure.
Daily Express
10-05-2025
- Business
- Daily Express
Nature Coffee puts Sabah on the map at China festival
Published on: Saturday, May 10, 2025 Published on: Sat, May 10, 2025 Text Size: Kota Kinabalu: Nature Coffee from Sabah was the sole international brand invited to be featured in the Smoke and Fire Coffee Festival held in Tongmeng Ancient Town, Huojia County, Zhengzhou. The event gathered over 40 coffee brands from cities including Beijing, Shanghai, and Chengdu for tastings, sales, and workshops. Nature Coffee, co-founded by Sabah China Chamber of Commerce vice-president Chiew Heng Hock and vice-chairman Dick Lee, used the opportunity to showcase Sabah's unique Catimor variety and foster international collaboration across the coffee supply chain. Visitors were treated to the rich, complex aroma of Sabah-grown beans, with notes of popcorn, genmaicha, and grapefruit, offering both a sensory and cultural exchange experience. The festival coincided with the May Day holiday and featured concerts, traditional performances, local delicacies, and cultural crafts, creating a lively atmosphere that celebrated coffee and Chinese heritage. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
