IJM Subsidiary Lands RM909.5 Million Semiconductor and Medical Tech Projects

Key Takeaways

IJM Corporation’s subsidiary, IJM Construction, has secured two significant contracts totaling RM909.5 million for FY2027.
The projects include a RM455 million automated storage warehouse for a semiconductor facility and a RM454.5 million medical device manufacturing facility.
Both projects are set to be completed in less than 18 months, reflecting the growing demand for fast-track delivery in complex manufacturing sectors.

Project Details

IJM Corporation Bhd’s subsidiary, IJM Construction Sdn Bhd, has announced two significant contract wins totaling RM909.5 million for its financial year 2027. The first project involves a RM455 million contract for civil, structural, and architectural works related to an automated storage and retrieval system (ASRS) warehouse for a multinational semiconductor company located in Kulim, Kedah. The second project, valued at RM454.5 million, is for a medical device manufacturing facility for Intuitive Surgical Malaysia Sdn Bhd at the Bandar Cassia Technology Park in Batu Kawan, Penang.

Both projects are on fast-track schedules, aimed for completion in less than 18 months, underscoring the increasing demand for rapid delivery in the semiconductor and medical technology sectors. According to Datuk Lee Chun Fai, managing director and CEO of IJM Corp, the complexity and time-critical nature of these manufacturing facilities necessitate a focus on execution certainty and adherence to demanding technical standards.

IJM Construction has been expanding its expertise, having built a strong portfolio in data centers and semiconductor manufacturing facilities. The project with Intuitive Surgical marks a significant entry into the medical device manufacturing space, enhancing the company’s capabilities in this high-value sector while leveraging its core strengths in engineering and fast-track execution.

The new facility is set to manufacture surgical instruments and electromechanical devices designed for minimally invasive robotic-assisted surgeries, marking IJM Construction’s second foray into medical device production. The construction division of IJM Corp currently boasts an order book of RM 14.51 billion, which includes a diverse mix of private and public sector projects in building construction and civil engineering.

Advanced industrial facilities now comprise approximately 55 percent of IJM Construction’s domestic order book, indicating a growing emphasis on this segment within the company’s construction portfolio.

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