Higher price: A labourer works at a construction site in Kuala Lumpur. The average net selling price for cement in Peninsular Malaysia is expected to rise by 8% to RM260 per tonne in 2021.
PETALING JAYA: The building material industry is poised for modest growth next year as operating conditions improve and construction activities gradually resume following the easing of movement restrictions.
But as the industry looks forward to new property launches and with the rollout of infrastructure projects, analysts remain cautious on the sector given the considerable risk to recovery.
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