Tough times for small builders

WITH construction jobs, especially government projects, hard to come by these days, some industry players are reeling under near bankruptcy while others have emerged stronger by venturing overseas and into other value-added activities to sustain their operations and earnings. 

Since the Government has been holding back spending on infrastructure projects in the last 12 to 18 months, many construction companies, especially small- and medium-sized players that are overly-dependent on government projects, have been severely affected.