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THE East Coast Rail Link (ECRL) and the Mass Rapid Transit 2 (MRT2) projects will proceed. But worries that some mega infrastructure projects could be reviewed or delayed, given the government’s stretched finances, have cast uncertainty over the construction sector.
PETALING JAYA: The revival of key infrastructure projects is a given, albeit the uncertainty of timing, with the KL-Singapore high-speed rail (HSR) project and the mass rapid transit line 3 (MRT3) to be back on track, given the advanced stages of rollout, says AllianceDBS Research.
KUALA LUMPUR: CGS-CIMB Equities Research expects the first half of 2020 to be subdued for construction companies following the recent political developments up to the change in government.
PETALING JAYA: Malaysia’s current political crisis has thrown a spanner in the works for the country’s construction sector, which is slated for the rollout of several mega projects in the coming months.
PETALING JAYA: Fitch Solutions expects the KL-Singapore high speed rail (HSR) project to be revived and will get strong bids from Japan and China.
PETALING JAYA: CGS-CIMB Equities Research is cautiously optimistic about YTL Corp’s strategy of making a comeback in the KL-Singapore high-speed rail (HSR) space ahead of the May 2020 deadline of the HSR’s review period.
KUALA LUMPUR: CGS-CIMB Equities Research is cautiously optimistic on YTL Corp’s strategy of making a comeback in the KL-Singapore high-speed rail (HSR) space ahead of the May 2020 deadline of the HSR’s review period.
PETALING JAYA: The construction sector should see an uptick in tender news flow during the first half of 2020, which could cast some light on the current mundane scenario in the construction sector
The Pakatan Harapan government announced soon after the last election that the Singapore – KL High Speed Rail (HSR) would be reviewed and potentially scrapped.