KUALA LUMPUR: A gradual improvement in contract flows in the construction sector is likely this year as the country moves towards the endemic phase from the Covid-19 pandemic stage.
Hong Leong Investment Bank Research (HLIB) said a recovery in private sector opportunities and ongoing rollouts of existing projects like the East Coast Rail Link, Pan Borneo Highway Sabah and Sarawak, Johor Baru-Singapore Rapid Transit System and Central Spine Road project will support job flows in 2022.
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