Construction sector grows despite lean times

RAM's Credit Pulse report said the sector

PETALING JAYA: The construction sector continues to flourish amid relatively lean times for Malaysia and the sector is the fastest growing GDP component in the first half of 2016 growing at 8.9% with civil engineering’s growth at a 20% year-on-year growth, said RAM Rating Services.

Its Credit Pulse report said the sector’s the construction sector was the sole sector with a positive outlook with its growth prospects moving forward remaining firmly supported by the steady roll-out of infrastructure projects.