PETALING JAYA: The development allocation for the construction sector under the Ninth Malaysia Plan (9MP) could well reach RM200bil, an 18% increase from the RM170bil spent under the 8MP, analysts said.
Should the RM200bil allocation go through, AmResearch Sdn Bhd said the projected 18% increase in development spending under the 9MP would still be much lower than the 81% and 71.6% higher allocation under the 7MP and 8MP, respectively.
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