Positive construction sector in 2016 amid global uncertainty


In the spotlight: A construction site near the Petronas Twin Towers in Kuala Lumpur. As Malaysia

KUALA LUMPUR: Despite global economic uncertainties, the construction industry showed remarkable performance in 2016, led by the infrastructure category which topped the list of projects registered with the Construction Industry Development Board (CIDB).

As of November, 5,024 projects worth RM121bil were registered with CIDB and more are expected to come towards year-end.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Construction

   

Next In Business News

Ringgit ends higher against US dollar on rising oil prices
PETRONAS president/group CEO optimistic of contract extension
PETRONAS reports RM23.8bil net profit in 1Q
MST Golf Group inks underwriting agreement with RHB Investment Bank for IPO
PRG unit wins two contracts worth a total of RM20mil
Maxis reiterates commitment to sign 5G access agreement with DNB
KLCI falls to lowest point since October 2022
Glostrext inks underwriting agreement with M&A Securities for IPO
MYMBN inks underwriting agreement with Mercury Securities
Rafizi: High economic growth must be maintained to address skills gap

Others Also Read