PETALING JAYA: Construction companies and property developers with exposure to Penang are set to benefit tremendously from the extensive development in the state.
According to TA Research, the Penang Transport Master Plan (PTMP) could be a strong growth catalyst for both the construction and property development sectors in the country.
With various projects in the pipeline, prospects for local players in both the construction and property development sectors appear promising, the brokerage firm wrote in its report, following a recent meeting with the Penang Development Corp.
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