Gamuda stands to gain from booming construction sector

Moving forward, the group anticipates a good performance this year from ongoing construction projects and steady earnings from the water and expressway concessions division.

PETALING JAYA: Construction outfit Gamuda Bhd’s leading role in the multi-billion-ringgit transportation infrastructure projects will continue to stand it in good stead among investors.

Analysts said the company would be in a good position to benefit from the booming construction sector in Malaysia, given its dominant roles in the Mass Rapid Transit (MRT) and other rail-based projects.