Huge orders forecast to drive building industry

CGS International Securities Research said the construction sector in Malaysia has of late seen a strong flow in new orders for data centres, semiconductor factories and industrial warehouses. — Bloomberg

PETALING JAYA: Data centre projects along with semiconductor factories and industrial warehouses are expected to drive orderbook replenishments for the construction sector in Malaysia.

The value of jobs from these projects will likely be massive, potentially filling the gap left by the lack of progress in certain proposed mega-projects such as the mass rapit transit three (MRT3).