Vietnam’s economic growth to lift Gamuda’s earnings


MBSB Research said it has renewed optimism on the company’s projects in Vietnam.

PETALING JAYA: Gamuda Land, the property arm of Gamuda Bhd, has the ability to continue to benefit from growth in the property and infrastructure sectors in Vietnam, analysts say.

This will be backed by strong demand, limited supply of new property in the market, and the group’s foresight in terms of acquiring land in upcoming prime areas, said MBSB Research.

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