Intense competition seen in construction sector

Quarterly update: Nomura says Malaysia’s construction sector experienced a very high degree of fragmentation.

PETALING JAYA: A disproportionate number of recently awarded packages from the DASH and SUKE highways went to unlisted contractors, posing a new threat to Malaysia-listed construction companies.

In its inaugural quarterly update on the Malaysian construction sector, Nomura Research said that such development raises the possibility of intense competition among existing players.