KUALA LUMPUR: GDB Holdings Bhd, via its unit Grand Dynamic Builders Sdn Bhd has bagged a RM306 million job to build KL Wellness City's flagship hospital in Bukit Jalil, Kuala Lumpur.
The job, awarded by KL International Hospital Sdn Bhd, is a subsidiary of KL Wellness City Sdn Bhd.
KL Wellness City is a RM11 billion gross development value project spanning over 26.49 acres in Bukit Jalil, launched June last year.
It features, among others, a retirement resort medical, and welnness-centric serviced apartments and the flagship KL International Hospital.
The hospital will be built over a 25 months period, from March 16, 2024.
The hospital will be the centrepiece of KL Wellness City, which aims 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 Holdings' current orderbook stands at RM475 million, from RM169 million as at Sep 30, 2023.
GDB intends to fund the project with internally generated funds and/or bank borrowings.