AZRB wins RM1.44b MRT viaduct project contract
KUALA LUMPUR (March 25): Ahmad Zaki Resources Bhd has been awarded the first viaduct work package for the construction of the Mass Rapid Transit (MRT) Sungai Buloh-Serdang-Putrajaya (SSP) Line, worth RM1.
Bidding opens for retail spaces along MRT Sg Buloh-Kajang line
KUALA LUMPUR (March 18): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) is inviting bidders to submit business proposals and bids for 41 retail units at 21 elevated stations along the MRT Sungai Buloh-Kajang Line.
MRT 2 major awards in the offing
Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.
Kuala Lumpur’s Jalan Tun H S Lee is ripe for redevelopment
TOWARDS the end of last year, the Lee Rubber Building on Jalan Tun H S Lee near Kuala Lumpur’s Chinatown, was put up for sale by the Lee Rubber Group.
Value of building works done to rise 10%-15%
KUALA LUMPUR (Feb 12): The total value of construction works done in the country is expected to grow between 10% and 15% over the next two years, sustained by property projects launched in recent years.
Government reduces development expenditure
Construction sector Maintain overweight: The government has reduced development expenditure by RM4.
Ampang Park lot owners granted judicial review over MRT land acquisition
KUALA LUMPUR (Jan 20): The Kuala Lumpur High Court today granted leave for a judicial review application filed by the lot owners of the Ampang Park Shopping Centre (pictured) against Putrajaya.
CIMB overweight on Malaysian builders ahead of Budget 2016 cuts
KUALA LUMPUR (Jan 19): CIMB Investment Bank Bhd said Malaysia's Budget 2016 revision was "unlikely to be a huge negative" for construction projects, in anticipation the government would continue to spend on high-impact jobs.
Record year forecast for construction sector despite property slowdown
Construction sector Maintain overweight: The final leg of Vision 2020.