KUALA LUMPUR, March 29 ― Kenanga Research has maintained an “Overweight” call on the construction sector ahead of the roll-out of various mega public infrastructure.
PETALING JAYA: The construction industry’s margins are expected to improve in 2024 as older contracts with low margins tail off and new contracts with more normalised margins start to contribute, said Kenanga Research.
Malaysia is in dire need to invest in the right segment and sector and we must also ensure that our budgetary process is transparent to enable all stakeholders to have a clear understanding of what we are investing in.