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PUTRAJAYA: The construction industry should be prepared to adopt the industrialised building system (IBS) within three years before it is made mandatory, said Deputy Prime Minister, Datuk Seri Dr Ahmad Zahid Hamidi.
KUALA LUMPUR: CIMB Equities Research is overweight on the construction sector and picks Gamuda as a major proxy for new rail contracts for rail contract in the secone half of 2017 with potentially RM10bil worth of job wins per annum over the next three years.
KUALA LUMPUR: JF Apex Research expects Yinson, Petronas Chemicals, Sunsuria and Willowglen to be among the stocks to watch on Thursday after their corporate announcements.
KUALA LUMPUR: The construction sector is expected to grow by eight per cent to RM170 billion this year, boosted by the numerous mega infrastructure projects in the country, the Construction Industry Development Board (CIDB) said.
GEORGE TOWN: The value of construction jobs tendered out in the country for 2016 failed to reach the targeted RM200bil, hitting only RM124.9bil compared to RM139.7bil in 2015.
PETALING JAYA: Malaysian construction firms should explore infrastructure projects and investment opportunities in India due to the country’s rapid development and economic expansion.