Data centres continue to be key growth driver

HLIB Research said it foresees a DC award cycle in the second half.

PETALING JAYA: The construction sector appears to be on a growth trajectory and share prices are catching up, according to Hong Leong Investment Bank (HLIB) Research.

The key drivers of the growth story came from data centres (DCs) and public sector related jobs such as roads, railways and water, said the research house.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ConstructionBoom , DataCentres , InfrastructureJobs , ContractAwards , Gamuda , OrderBookGrowth , PublicProjects , DCInvestments

Next In Business News
UK economy slowed to show 0.1% growth in third quarter, ONS says
Bank Negara international reserves edge up to US$124.3bil as at Dec 15
Evergreen Max Cash secures four new pawnbroking licences from KPKT
Asia shares extend gains, yen friendless as bonds buckle
Trump shook up global trade this year; some uncertainty may persist in 2026
Yinson unit enters 15-year PPA with Genesis Energy of New Zealand
Malaysian durians sell out fast in Hainan after customs shift
Betamek wins six-year Perodua contract worth RM176mil
SSBB launches mandatory offer for Nova Pharma after RM18.19mil stake buy
Crest Builder secures RM73.9mil mixed-use project subcontract

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.