Project rollouts likely to accelerate in construction sector - Kenanga Research

KUALA LUMPUR: The construction sector is expected to see an acceleration in the rollout of the RM45 billion Mass Rapid Transit 3 (MRT3) project and six flood mitigation projects reportedly to be worth RM13 billion, assuming there is a market-friendly outcome of the state elections on Aug 12, said Kenanga Research.

The flood mitigation projects include Sungai Johor (Johor), the construction of the Sungai Klang-Sungai Rasau dual-function reservoir (Selangor) and the Sungai Golok Integrated River Basin Development Phase 3 (Kelantan).