Malaysia ranks fifth in Global Infrastructure Investment Index 2016
PETALING JAYA (May 3): Malaysia has been placed fifth in the the Global Infrastructure Investment Index (GIII) 2016 in the ranking by global design and consultancy firm Arcadis.
Johawaki Development to launch final phase of Avanti Residences
PETALING JAYA (April 14): Johawaki Development Sdn Bhd is set to launch the third and final phase of its Avanti Residences in Saujana Permai U17, Shah Alam over two days starting May 7.
Cahya Mata to bid for one Pan Borneo Highway package
KUALA LUMPUR (April 13): Cahya Mata Sarawak Bhd (CMS) is bidding for one of the 10 packages for the Sarawak side of the Pan Borneo Highway mega project, said its group chief financial officer Syed Hizam Alsagoff.
M'sian construction industry to post 8% to 10% growth in 2016
KUALA LUMPUR (April 11): Malaysia's construction segment is expected to grow between 8% and 10% in 2016 in terms of projects undertaken, driven by government infrastructure projects, said Works Minister Datuk Seri Fadillah Yusof.
Sabah Pan Borneo Highway made official with govt and PDP signing agreement
PUTRAJAYA (April 11): The Sabah portion of the Pan Borneo Highway upgrading works have been made official by the signing of a project delivery partner (PDP) agreement by the federal and state governments and the PDP, which includes public-listed MMC Corp Bhd and Khazanah Nasional Bhd-owned UEM Group Bhd.
UEM Group, MMC Corp seen among Pan Borneo highway contenders
KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.
Vista Residences @ Genting Highlands 50% taken up
PETALING JAYA (March 7): The Vista Residences @ Genting Highlands serviced apartments soft launched by Kerjaya Prospek Group Bhd in January this year is 50% sold, said executive director Datuk Tee Eng Ho.
SCH banks on highway job to soften impact of slowing property market
KUALA LUMPUR: Quarry equipment distributor SCH Group Bhd’s revenue may decline 20% in the current financial year ending Aug 31, 2016 (FY16) due to the property market slowdown, according to its managing director cum deputy chairman Lau Mong Ling.
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.
Mitrajaya eyes jobs worth RM1b
KUALA LUMPUR (Dec 21): Contractor Mitrajaya Holdings Bhd, which is tendering for RM4.
