IJM wins RM1.2 billion construction contract for chip-component maker in Malaysia
The award adds production and supporting infrastructure at AT&S’s existing chip-component campus in northern Malaysia.
IJM has won an approximately RM1.23 billion contract to design and build manufacturing facilities for AT&S Malaysia at Kulim Hi-Tech Park in Kedah. The award covers production, utilities and wastewater treatment buildings at a semiconductor campus where AT&S already makes components used in advanced processors.
That context gives the construction award its significance. In a May 2025 update, AT&S said it had started high-volume manufacturing of integrated-circuit substrates at Kulim, including substrates for AMD data-centre processors. These substrates connect chips to the wider electronic package. The 2025 plant is historical context for IJM's new building contract. AT&S reported that its existing first plant had about 255,000 square metres of gross floor area and around 500 high-tech machines.
Production space and supporting services
IJM Construction accepted the letter of award from AT&S Austria Technologie & Systemtechnik (Malaysia) Sdn Bhd on 12 October, according to its Bursa Malaysia filing. The specified work is a four-storey production facility, a three-storey central utility building and a single-storey wastewater treatment facility. The scope ties manufacturing floor space to the services needed to run an industrial site, giving Malaysian construction and specialist-facility suppliers a defined work programme rather than a general expansion intention.
The project is scheduled to begin in the fourth quarter of 2026 and take an estimated 14 months from commencement. IJM expects a contribution to group revenue and earnings from its financial year ending 2027. Those are the company's forward timetable and financial expectation; the award itself is the current development.
Kulim already sits in AT&S's network of IC-substrate sites. In 2025, the company described a 'Substrate Triangle' linking Malaysia, China and Austria, with process knowledge shared among the locations. IJM's newly awarded building programme adds substantial construction activity at the Malaysian node of that network.
Sources: IJM's 12 October 2026 Bursa announcement; Bernama's same-day report; AT&S's 5 May 2025 Kulim manufacturing update.
