The MRT3’s three civil turnkey tenders, HLIB Research noted, could offer contracts valued at RM27bil.
PETALING JAYA: The mass rapid transit three (MRT3) project is expected to bolster the construction sector going forward despite the low number of contracts in the first half of the year, according to Hong Leong Investment Bank (HLIB) Research.
“We continue to expect recovery in flows this year mainly driven by the MRT3 rollout in December 2022,” the research house said in a report.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
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!
