PETALING JAYA: The local construction sector’s prospects remain robust, supported by job flows from mega infrastructure development, new data centre builds and cheaper material costs.
Hong Leong Investment Bank Research (HLIB Research) noted that domestic contract awards in the first quarter of 2025 (1Q25) totalled RM16.4bil, which was 33% higher quarter-on-quarter and 135% higher year-on-year (y-o-y).
