Cautious optimism for construction’s road to recovery

While things are looking brighter, MIDF Research head Imran Yassin Yusof says there are still “speed bumps” on the road to recovery for construction. “We are cautiously optimistic,” he tells StarBizWeek.

WITH the relaxation of movement restrictions, optimism is returning to the construction sector which suffered disrupted activities and reduced productivity due to Covid-19.

Analysts see construction activities picking up in the fourth quarter of 2021, driven by accelerated billings from order book backlogs.

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