Construction jobs tendered out not hitting targeted RM200bil


Penang Master Builders and Building Materials Dealers

GEORGE TOWN: The value of construction jobs tendered out in the country for 2016 failed to reach the targeted RM200bil, hitting only RM124.9bil compared to RM139.7bil in 2015.

Penang Master Builders and Building Materials Dealers’ Association immediate past president Datuk Lim Kai Seng said the target was not achieved because about RM55bil worth of contracts from infrastructure projects in the East Coast had yet to be finalised and awarded.

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