Clouded outlook for construction segment


PETALING JAYA: While output year-on-year (y-o-y) growth for the construction sector has been the largest among all economic sectors for the quarter ended Dec 31,2022.

RHB Research believes the absence of new infrastructure projects in the pipeline, aside from the Mass Rapid Transit 3 (MRT3), may continue to be a dampener to the sector’s sentiment moving forward.

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