Construction contract flows could improve in 2022


KUALA LUMPUR: Following a muted start to the year, contract flows in the construction sector could see gradual improvement as the country enters the endemic stage of Covid-19, said Hong Leong Investment Bank (HLIB) research.

The research firm said in a note that ongoing rollouts of existing projects like the East Coast Rail Link, Pan Borneo Highway Sabah and Sarawak, Johor-Singapore Rapid Transit System and Central Spine Road could help support job flows moving forward in 2022.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
HLIB , construction

Next In Business News

Samchem banks on storage
EG’s eyes on bigger margins
THMY grows, and grows
Walking a fine line
Decathlon APAC delegates visit 118 Mall flagship outlet ahead of opening
China’s 40cm room boom
Lessons from a collapsed gate
Redefining the family office paradigm
The economics of rooftop solar power
A good deal for AmBank, but AmFirst?

Others Also Read