The company was incorporated as a private limited company on 6 October 1976 in Ipoh, Perak and was listed on the main a board of
Bursa Malaysia on 10 August 1992. It was founded by Koon Yew Yin and Lin Yun Ling. One of its major projects was the Stormwater Management and Road Tunnel (
SMART Tunnel) project – a 50:50 joint venture collaboration with
MMC Corporation Berhad. Completed in year 2007, this 9.7 km SMART tunnel primary function is to divert excess floodwater from Sungai Klang and Sungai Ampang to be stored in the storage pond. This dual-purpose tunnel also serves as an alternative route for the motorist to travel to and from the city centre. In 2008, MMC-Gamuda was awarded the RM12.485 billion worth of Electrified Double Track Project (EDTP) from
Ipoh to
Padang Besar. This 329 km Project involves the realignment and construction of the electrified double railways that span across four northern states of
Perak,
Penang,
Kedah and
Perlis in Peninsular Malaysia. In January 2011, MMC-Gamuda received the letter of award that they were appointed as the Project Delivery Partner (PDP) for the KVMRT (
Sungai Buloh – Kajang Line) (KVMRT, SBK Line). Being the PDP, MMC-Gamuda's role is to deliver the project within the target cost and completion dates, managing the elevated works package contractors, as well as dividing elevated works packages, evaluating tenders, recommending the best elevated works package contractors to
MRT Corporation, the owner of the KVMRT project. Besides, in March 2012, MMC Gamuda (T) Sdn Bhd was appointed as the turnkey contractor for the 9.5 km underground works for KVMRT, SBK Line worth RM8.28 billion. Seven underground stations will be constructed along the 9.5 km tunnel –
KL Sentral,
Pasar Seni,
Merdeka,
Bukit Bintang, Pasar Rakyat,
Cochrane and
Maluri. This underground works package inclusive of the design, construction and completion of tunnels, stations and associated structures between the Semantan Portal and Maluri Portal. Besides the local projects they are developing, Gamuda has ventured internationally with various civil engineering construction, infrastructure and property development located in
Taiwan, South East and Far East Asia,
Indochina,
Middle East,
Australia,
Singapore and
Vietnam. In Sarawak, on 28 July 2016, Gamuda announces that it had team up with Sarawak-based Naim Holdings Berhad via an associate company, Naim Gamuda (NAGA) JV Sdn Bhd. Their role is main contractor for
Pantu Junction - Batang Skrang section in Sarawak in Pan Borneo Highway project in works package contract (WPC04 PJS). Its length is . On 1 July 2020 it was announced that Gamuda Bhd would be the project delivery partner (PDP) for the
Penang Transport Master Plan (PTMP). In June 2023, the Australian transport projects division of
Downer Group was purchased and renamed
DT Infrastructure. In
Sabah, the Ulu Padas Hydroelectric Project (UPHEP) is one of the most significant
renewable energy initiatives, aimed at enhancing the state's energy security and sustainability. Gamuda Berhad, through its joint venture participation in UPP Holdings Sdn Bhd, is developing the UPHEP in the
Tenom and
Sipitang districts of Sabah. The project was formally approved by the
Sabah State Government on 6 September 2024. The multibillion-ringgit project, with an estimated cost of RM4 billion, will have an installed capacity of 187.5 MW and is expected to generate about 1,052 GWh of renewable electricity annually. Scheduled for commercial operation by December 2030, UPHEP is designed to strengthen Sabah's electricity supply, adding around 15% to the state's dependable generation capacity. The project includes a 40-year
power purchase agreement (PPA) between Gamuda's Upper Padas Power Sdn. Bhd. (UPPSB) and Sabah Electricity Sdn. Bhd. (SESB), ensuring stable revenue generation and long term maintenance support following its completion in 2030. Upon completion, UPHEP is expected to operate as a long-term source of renewable energy and revenue for Sabah. The project will enhance electricity stability, contribute to the state's renewable energy targets, and deliver consistent returns through its extended operational framework. By supplying clean, renewable energy and supporting socio-economic growth, the UPHEP is positioned as a key driver of
sustainable development for Sabah. ==Major Shareholders==