HSR Will Bolster Construction Outlook

Loong Chee Wei, Head of Research, Affin Hwang Investment Bank Bhd

17-Jan-24 07:45

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There’s been some progress on the proposed Singapore-KL High Speed Rail, with news emerging that seven local and international consortiums have submitted request for information proposals for the lucrative RM100 billion ringgit contract. Which companies are in the running and will this provide a catalyst for construction equities in Malaysia? We get views from Loong Chee Wei of Affin Hwang Investment Bank.

Image credit: Shutterstock.com

Produced by: Wong Shou Ning

Presented by: Shazana Mokhtar, Wong Shou Ning, Philip See

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Categories: markets, technology, economy

Tags: kl singapore high speed rail, construction sector,

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