Construction players face uncertain prospects


Hard at work: A file picture showing works to build a tunnel for the ECRL project going on at Bukit Bauk. The project is among three mega rail projects that are expected to come under review. — Bernama

Earnings forecasts may be reversed with possible review of mega projects

THE fate of several of the country’s mega infrastructure projects has come into question, with the new Pakatan Harapan government having pledged in its election manifesto to review projects with foreign participation.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
Uzma to raise RM68mil via private placement
MISC to develop world’s first ammonia dual-fuel ships
MIDF boosts security after cyber Incident
Gas Malaysia distribution adjusts tariff down
RHB IB expects 4.2% y-o-y for 1Q GDP print
Miti closely monitoring situation in Middle East for possible escalation in conflict
Ringgit continues to appreciate vs USD at close

Others Also Read