Higher contract awards to spur construction sector


HLIB Research foresees potential for higher contract awards next year beyond current levels of about RM20bil.

PETALING JAYA: The potential rollout of big-ticket infrastructure contracts next year that were largely missing in 2023 is expected to spice up the outlook for the construction sector.

This could be driven by the unblocking of the public-project pipeline, incremental fiscal space from subsidy reforms and a calmer political situation.

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