PETALING JAYA: Budget 2024 lacks catalysts for the construction sector, according to analysts, as the fiscal deficit-minded government refrained from announcing any new mega infrastructure project.
The budget’s silence on the third line of the Mass Rapid Transit 3 (MRT3) and the Kuala Lumpur–Singapore High Speed Rail was also disappointing, as the market had been awaiting details on project implementation and contract flows.
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