Construction sector to see more government contract flows in 2024


KUALA LUMPUR: Hong Leong Investment Bank (HLIB) Research is bullish on the construction sector in 2024 in anticipation of public project contract flows that could boost contract awards beyond current contract levels.

In a recent update, the research firm upgraded the construction sector to "overweight", with Gamuda Bhd and Sunway Construction Bhd as its top picks.

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Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Construction , HLIB , Gamuda , Sunway Construction

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