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Gamuda buys 50% stake of Australia’s Martinus Rail

KUALA LUMPUR – Gamuda Bhd will invest a 50% stake in Martinus Rail Pty Ltd to leverage on an RM56 billion worth construction projects in Australia.

Gamuda sains in a statement, “Gamuda Engineering Australia and Martinus Rail together will tender for infrastructure jobs immediately, with Gamuda’s commitment in providing support and training to help address the skills shortage in Australia”.

Australia rail infrastructure works are expected to grow 14% per annum until 2023.

Martinus Rail is the largest privately-owned rail constructor in Australia.

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