Kota Kinabalu: Local construction giant KTI Landmark Bhd has landed a major government contract worth RM130.6 million to construct the Akademi Binaan Malaysia (ABM) campus in Papar, Sabah.
The Construction Industry Development Board (CIDB) awarded the 24-month project to KTI’s wholly-owned subsidiary, KTI Sdn Bhd, reflecting the company’s first notable contract win of 2025.
AdvertisementThe new campus, scheduled for completion by June 2027, will serve as a regional training hub for vocational and technical education in the construction sector.
The facility aligns with national initiatives to develop skilled workers and raise industry standards across Malaysia.
“Securing this contract is not only a financial milestone, it is a brand milestone,” said KTI Group Managing Director cum Chief Executive Officer Datuk Dr Gordon Loke.
“It signals market trust in KTI’s execution capability, financial strength and commitment to nation-building,” he said.
Advertisement (adsbygoogle = window.adsbygoogle || []).push({});The latest win brings KTI’s total order book to approximately RM345 million. The Sabah-based contractor remains optimistic about achieving its target of securing RM250 million to RM300 million in new contracts for the financial year ending Dec 31, 2025.
KTI, recognised as one of Sabah’s most established contractors with Industrialised Building System capabilities, continues to play a vital role in the state’s infrastructure development and economic growth.