CGS-CIMB upbeat on construction sector as HSR project gains traction
“We think any interested parties will have to form joint ventures (JVs) or partnerships with foreign players with the technical knowledge and also strong financial backing.
“We think any interested parties will have to form joint ventures (JVs) or partnerships with foreign players with the technical knowledge and also strong financial backing.
The global industry players were from the United Kingdom, Spain, Germany, the Netherlands, Australia, mainland China, South Korea, Japan, Hong Kong, Thailand and Singapore, said MyHSR in a statement.
Apart from that, rentals for condominiums in Singapore grew 32% annually in the first quarter of 2023, while the government has also imposed a steeper stamp duty starting April.
In his affidavit filed on behalf of the defendants (the government), solicitor general Datuk Ahmad Terrirudin Mohd Salleh said that the subject matter of the lawsuit was related to the Cabinet’s decision on Dec 12, 2020, a public policy decision which was based on bilateral negotiations and research on cost and economic benefits for the country.
“Over the past three years, the property division’s yearly revenue averaged at RM182 million and operating profit at RM59 million from its 1,001-acre (405.
“So far, the response has been positive.
"Globally, developments of HSR have proven to be growth engines, bringing about catalytic development and growth as well as multiplier effects that benefit all walks of life.
Fauzi holds a Bachelor of Science (Honours) Degree in Mining Engineering from the prestigious Imperial College of Science and Technology, University of London, and had served as an engineer in several private and government entities in his early career.
KUALA LUMPUR (Dec 13): Seamless connectivity is among the major pillars of a country’s economy and Malaysia’s government has not left any stone unturned in ensuring its progress although there have been some hiccups along the way as the country fought to curb the spread of Covid-19.
KUALA LUMPUR (Dec 20): Tan Sri Muhyiddin Yassin has said Malaysia does not have to wait for Singapore to be involved in the high-speed railway (HSR) project, and mooted the set-up of a private consortium which will be responsible for the entire implementation of the project.