PETALING JAYA: The realisation of a few, long-anticipated major projects in Sarawak could generate massive construction works, creating unprecedented demand for building materials in the state, said Maybank Investment Bank Research (Maybank-IB).
The brokerage, which in its report on Tuesday reiterated an “overweight” call on the construction sector, said that Sarawak companies were poised for a re-rating as projects in the state shift into high gear.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!