Building sector comes into focus

TheStar Wed, Feb 10, 2021 08:20am - 3 years View Original


Cautious approach: A construction site in Kuala Lumpur. The sector is further subjected to higher operating risks. ─ Bloomberg

PETALING JAYA: All eyes will be on the outlook of the local construction sector as the tabling of the 12th Malaysia Plan (12MP) hangs in the balance due to the declaration of the nationwide state of emergency until Aug 1.

In light of this, AmInvestment Bank has an “underweight” outlook for the local construction sector over the next six to 12 months.

“It has been close to a month since the suspension of Parliament following the declaration of a state of emergency nationwide.

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