Upcoming Budget 2020 expected to boost construction job growth

Construction sector Maintain neutral: We expect the upcoming Budget 2020 announcement on Oct 11 to prioritise public transport projects but limited to those already awarded, revised and approved: Light Rail Transit Line 3 (LRT3), Mass Rapid Transit Line 2 (MRT2) and East Coast Rail Link (ECRL).

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Vertice bags RM22m construction jobs related to MRT2

  KUALA LUMPUR (Aug 14): Vertice Bhd’s wholly-owned unit Vertice Construction Sdn Bhd has bagged two contracts worth a combined RM22 million for works on the Mass Rapid Transit Sungai Buloh–Serdang–Putrajaya (SSP) Line, also known as MRT2.

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MRT2: Margin squeeze inevitable

KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.

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