Contractors in for stronger growth momentum


Deputy Works Minister Datuk Seri Ahmad Maslan.

PETALING JAYA: The local construction sector will be injected with more projects in the second half of this year (2H24) as up to RM180bil worth of jobs from the government and private sector are being dished out.

Deputy Works Minister Datuk Seri Ahmad Maslan said a total allocation of RM180bil in the sector has been up for grabs since the start of this year but the award of such contracts has been rather slow, with momentum expected to pick up in 2H24.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hong Kong billionaire puts quarter of his wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract
Reservoir Link secures its first CCS solutions contract
PETRONAS appoints Mohd Jukris as COO effective Feb 1, 2026
FBM KLCI ends flat ahead of Bank Negara policy meeting
Oil down as easing Iran unrest dampens geopolitical risk premium
CIMB boosts customer protection with new biometric authentication in Octo App
IJM tumbles 5%, short selling suspended amid MACC probe
China set to keep rates steady for eighth month, some traders wager on Q1 easing

Others Also Read