PETALING JAYA: The construction sector could see gradual improvement in contract flows this year as the country transitions into an endemic phase starting from April 1.
Hong Leong Investment Bank (HLIB) Research said the ongoing rollouts of existing projects like the East Coast Rail Link (ECRL), Pan Borneo Highway Sabah & Sarawak and Johor Baru–Singapore Rapid Transit System could support job flows in 2022.
“We also look forward to the rollout of Sarawak Metro which costs RM6bil in the second half of 2022.
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