Construction sector main beneficiary of Budget 2016

Push factor: File picture shows people viewing the model of Rapid project in Pengerang. Increased investments at Pengerang are likely to attract more operators to conduct business there.

CONSIDERED as largely neutral, the 2016 “Robin Hood” budget is likely to see the construction sector as the main beneficiary on the stock market.

Continued investments in projects such as the Refinery and Petrochemicals Integrated Development (Rapid) in Pengerang, Johor, the Pan Borneo Highway, mass rapid transit 2 (MRT2), light rail transit 3 (LRT3) and flood mitigation will provide a further boost.