KUALA LUMPUR (March 7): Despite the news flow having been active with regard to the reactivation of the Mass Rapid Transit Line 3 (MRT3) project, RHB Research remains “neutral” on the construction sector as it sees many lingering concerns.
Its analyst Adam Mohamed Rahim said in a note on Monday (March 7) that the concerns include delays in the roll-out of tender packages and reluctance by Tier 1 contractors to take on funding risks, assuming a public-private partnership model is implemented……
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Source; Theedge
