Domestic contract awards fell to RM10.7bil in first half


KUALA LUMPUR: Domestic contract awards in the construction sector totalled RM10.7bil in the first half of 2017, declining 72% year-on-year.

HLIB Research noted that the steep fall was attributed to an exceptionally high base last year due to the award of the MRT2 underground works (RM15.5bil), DUKE3 (RM3.7bil) and Sarawak Pan Borneo Highway packages (RM3.2bil).

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