Is Gamuda's venture into renewable energy the right move?

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With an allocation of RM2bil for a five-year period, Gamuda is banking on renewable energy to cut its dependence on its cyclical construction and infrastructure business.

MORE than two decades ago, in a move to diversify its non-core income base,The RM68mil investment in Dyna Plastics Sdn Bhd was made in 2000, with the hope that Gamuda will have “a key technology that will play an important role in the development of wireless electronic devices”.

 

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