Optimistic outlook for construction industry


The contract rollouts by both the private sector and the government have been active so far with RM183.7bil worth of construction projects awarded in the 11 months of 2024.

PETALING JAYA: RHB Research expects construction players to continue booking better progress billings, as evident from the RM41bil in total value of work done, the highest on record so far this year.

The contract rollouts by both the private sector and the government have been active so far with RM183.7bil worth of construction projects awarded in the 11 months of 2024, higher than the RM152.9bil recorded in the whole of 2023.

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