KUALA LUMPUR: MRT Corp Bhd’s new details regarding the mass rapid transit 3 (MRT3) project could offer some upside surprises to the construction sector.
According to Kenanga Research, it is net positive over the new details as “behind-the-scenes progress” is picking up fast.
“Despite the stretched-out construction period of 10 years; should our guesstimate contract quantum of RM32.9bil be proven accurate – it would be an upside surprise.
...