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.

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