ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Malaysia's construction sector likely to gain the most from next year's budget

KUALA LUMPUR (NewsRise) -- Malaysian construction companies stand to gain the most after the government announced plans to push ahead with projects ranging from rail to bridges worth nearly $15 billion to develop infrastructure and spur economic growth through the next year, analysts said.

In the federal budget unveiled on Friday, the government announced laying a 600-km rail network, dubbed East Coast Rail Line that will cost an estimated 55 billion ringgit ($13 billion). Malaysia also plans to spend 1.2 billion ringgit to build and upgrade some 616 kilometers of roads and bridges in the country.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more