How It All Began
IJM’s journey began with the bold vision of a group of forward-thinking civil engineers. Formed in 1983 through the merger of three established local construction firms: IGB Construction Sdn. Bhd., Jurutama Sdn. Bhd., and Mudajaya Sdn. Bhd., IJM was created to compete on equal footing with international players entering Malaysia’s burgeoning construction sector.
The Group further strengthened its position in 2008 with the acquisition of the Road Builder Group, reinforcing its standing as one of the nation’s leading builders.
Today, with nearly four decades of excellence, IJM has evolved into a respected Malaysian conglomerate with a growing global footprint, recognised for delivering high-quality solutions to its partners and clients worldwide.
1982
The Meeting of Minds
IGB Construction Sdn. Bhd., Jurutama Sdn. Bhd., and Mudajaya Sdn. Bhd. joined forces to compete equally with well-capitalised foreign players in the growing Malaysian construction industry.
1983
3 Becomes 1
The three companies joined hands and Solidstate Sdn. Bhd. was incorporated. First motto: 'Big, Strong and Caring'.
1984
The Birth of the IJM Name
The company was renamed IJM Engineering and Construction Sdn. Bhd. – a name that comprises the first initials of the three original companies (IGB, Jurutama, and Mudajaya).
1984-1987
Building Businesses
1st major contract: Construction of three major interchanges for the KL-Seremban Toll Expressway with a contract value of RM40.2 million.
1st corporate acquisition: Pucung Building Products Sdn. Bhd. (49%) in 1984 for quarry operations.
1st international joint venture: IJM Degremont Sdn. Bhd. was formed with Lyonnaise de Eaux, Degremont SA of France, and local bumiputera partners for water projects.
1st plantation: Desa Talisai, a 10,000-acre oil palm plantation near Sandakan, Sabah.
Manufacturing of building material businesses to improve efficiency and competitiveness.
1st few property privatisation projects: PKNS housing development (Selangor) and Batu Lancang Apartments (Penang).
1985
Pioneering Spirit
Secured first project in Sydney, Australia and built residential units in Florida, USA
Ventured into oil palm cultivation in Sabah.
Acquired Sharidal Complex (now Wisma IJM) in Petaling Jaya which now serves as IJM's head office.
1988
IJM Goes Public
IJM became a public-listed company with a market capitalisation of RM66 million and total assets of RM172 million, heralding a new era of growth, prosperity and opportunities.
1986-1988
Going International
Property development and construction projects in USA, Australia, Hong Kong U.K., Singapore, Pakistan, and Bangladesh.
1989
IJM Corporation Berhad Was Born
Along with the name change came a new corporate logo. IJM became one of the most favoured stocks by foreign institutional investors in the infrastructure and construction-related sector.
1991
Birth of a New Division
In a strategic move to achieve economies of scale and competitive pricing, IJM expanded its manufacturing operations, resulting in the birth of the Quarrying & Manufacturing division with the acquisition of Malaysian Rock Products Sdn. Bhd.
1991-1998
Heady Days
The construction business breached the RM1 billion mark.
Construction of major highways and development of landmark property projects such as the 847.7 km North-South Highway, Mid Valley Megamal, KLIA, Purtajaya, the XVI Commonwealth Games Village, Penang International Education and Technology Centre, and Seremban 2 satellite township.
IJM entered Vietnam, Namibia, Argentina, Chile, the Philippines, Myanmar, Mauritius, India, and China through MASSCORP – the investment arm of Malaysia South-South Association.
Commissioned the first palm oil mill in Sabah.
1994-2010
Giving Back
IJM’s slogan evolved to Excellence through Quality.
Achieved ISO 9002 certification for the 'Provision of Construction Services in Building and Civil Engineering Works'.
Launch of hallmark CSR programmes – IJM Scholarship Programme, Rakan Sukan Programme, Hundred-Acre Wood environmental conservation programme, Home Rehabilitation Programme, as well as Give Day Out.
1998-2000s
Inspiring India
IJM made inroads into India's development with highway, building and real estate projects in Andhra Pradesh, Tamil Nadu, Madhya Pradesh, Rajasthan, Karnataka, West Bengal, Maharashtra, and the municipality of Delhi.
2000s
Leading the Way
IJM's Industry Division expanded operations with strategic acquisitions and successful market diversifications into China, India, and Pakistan.
1st sand mine: Bestari Jaya, Selangor was established, with a monthly production capacity of 100,000 tonnes.
2003
Listing of IJM Plantations Berhad
The stellar listing of IJM Plantations Berhad (IJMP) on Bursa Malaysia's Main Board on July 2, 2003.
2004-2005
The Growth Continues
ICP became an IJM subsidiary.
Secured first Middle East project: Fortune Tower.
Awarded construction of Kajang-Seremban Highway, Menara Commerce and Islamic Art Museum Projects.
2008
The Game Changer
In a high profile merger, IJM acquired the Road Builder Group, its nearest competitor, becoming one of the country’s biggest builders.
The merger created a paradigm shift in growth and revenue for IJM's Infrastructure Division, with the addition of four mature infrastructure assets: two toll highways – Besraya and New Pantai Expressway, and two ports – Kuantan Port and Kemaman Port.
Unveiled the prestigious ‘The Light’ waterfront development in Penang.
Total assets exceeded RM11 billion.
2009
Growth via Diversification
Secured major projects including Grand Hyatt Hotel in KL, Electrified Double Track from Seremban to Gemas and the six-laning of the Chilakaluripet-Vijayawada Section in India.
ICP was delisted, becoming a wholly-owned subsidiary.
Commenced oil palm planting in Kalimantan, Indonesia.
2012
Oil and Gas Exploration
IJM diversified with the oil & gas sector by acquiring a 25% stake in the Scomi Group, establishing a new revenue stream. This placed IJM in a favourable position to take advantage of the industry’s regional prospects and opportunities.
2012-2013
Pioneering Inroads
Secured the first aboveground Klang Valley Mass Rapid Transit Package.
Associate company, Kumpulan Europlus Bhd., secured the 233km West Coast Expressway concession.
2014
IJM Land Goes Private
The privatisation exercise strengthened both IJM Land and IJM, enabling the company to leverage IJM’s financial standing and resources to undertake larger scale projects in the future.
2000-2017
Winning Awards
1st Malaysian International of the Year Award by Construction Industry Development Board in 2000 and 2005
Malaysian Construction Industry Excellence (International Achievement) Award in 2001, 2006 and 2007
Malaysian Ministry of International Trade & Industry's Excellence Award for Export of Services in 2003 and 2007
Best Managed Malaysian Company by Asia Money in 2006
World Gold Winner of FIABCI World Prix D'Excellence Awards in 2017, Master Plan Category
2014-2018
Strategic Blueprint and Innovation
IJM developed its Blue Ocean Strategy roadmap with the aim of creating new market spaces with growth opportunities to elevate business growth and sustainability.
IJM became the 1st public-listed company in Malaysia to be connected via Workplace by Facebook.
2015-2019
Building Capacity
IJM executed two of its biggest projects in the company’s history – West Coast Expressway (RM6 billion) and Kuantan Port’s New Deep Water Terminal expansion (RM3 billion).
Secured the largest domestic construction project, Light Rail Transit 3 (RM1.1 billion) and biggest road BOT in India, the Solapur-Bijapur project (RM1.3 billion).
IJM invested in Menara Prudential in TRX, an upcoming KL financial district, to grow its recurring income stream.
Order book at a record high of RM9.41 billion.
Spearheaded the development of Malaysia-China Kuantan Industrial Park (MCKIP) in Pahang, attracting FDI of RM21 billion in steel products, battery, piles, tyre, and paper industries.
Established strategic partnership to develop The Light City waterfront development in Penang, with a GDV of RM4.5 billion comprising retail, a convention centre, hotels, office tower, luxurious high-rise residences.
2020-Present
Next level growth, new frontiers
IJM divests 56.2% stake in IJM Plantations Berhad in line with strategic focus to streamline its existing businesses.
Strategic aquisition of 60% of GlobalComm Solutions, a network connectivity provider.
IJM builds a strong footprint in Tun Razak Exchange through Menara Prudential, HSBC, and Affin Bank headquarters and TRX Residences.
Secures date centres and semiconductor projects, enters the logistics sector, and reaffirms its commitment to achieving net-zero emissions by 2050.
Partnered with Network Rail in the UK on rail oversite developments in London, acquiring the historic Finsbury Circus property and securing a 50% equity stake in JRL Group to drive growth.
1982 - 1992
1993 - 2003
2004 - 2014
2015 - 2025