Sydney, Australia – Leading international engineering, design and advisory company Aurecon announced a strategic investment in Malaysia’s GCU Consultants Sdn Bhd (GCU), a move that will strengthen the company’s regional presence and expertise. This took effect from 1 April 2021.
William Cox, Chief Executive Officer at Aurecon, says the investment in GCU is an important step in the company’s growth ambitions and creates a direct presence in one of South East Asia’s most important economies.
“There is strong alignment between our companies and when we first looked at GCU, we were impressed with its technical excellence, professionalism and success,” he said.
“Malaysia will be one of South East Asia’s most active markets in the years ahead and with GCU joining Aurecon, we will be able to expand our work in the country and lead the industry through innovative engineering solutions that solve complex challenges and bring ideas to life.”
According to The Economist Intelligence Unit and the World Bank, Malaysia’s GDP is projected to grow by 4.4 percent and 6.7 percent respectively. Factors contributing to growth include the government’s budgetary support of RM69 billion which will accelerate new and ongoing infrastructure projects such as the Mass Rapid Transit Lines 2 and 3, East Coast Rail Link projects and other rail sector investment in the country. The Penang Transport Master Plan is another flagship infrastructure programme that will present significant infrastructure development opportunities for the engineering and construction sector.
With Malaysia’s engineering sector expecting ongoing growth, Aurecon is now well placed to help the country bring to life its most ambitious engineering projects. In recent years, Aurecon has completed some of Asia’s most striking developments, including the Hong Kong West Kowloon Station; Vincom Landmark 81 Tower in Vietnam; the Shanghai Tower in China; Dau Tieng 1 and 2 PV Solar Power Plant Project, South East Asia’s largest solar power plant; and the Mauritius Metro Express.