Construction, property sectors want Putrajaya to dish out projects in Budget 2023

Khoo Gek San, Angie Tan Updated 4 months ago · Published on 15 Sep 2022 7:00AM · 0 Comments

The Ministry of Finance’s economic outlook for 2022 reported that gross domestic product of the construction sector was projected to grow by 11.5%. – The Malaysian Insight file pic, September 15, 2022.

THE construction and real estate industries are hoping the 2023 Budget, that will be tabled in parliament in a little more than three weeks’ time on October 7, will have what it takes to pull the two industries out of their current rut.

Master Builders Association Malaysia (Mbam) president Oliver Wee Hiang Chyn, said he hoped the budget has allocation to implement more infrastructure projects, or continue with the suspended ones, to breathe some life into struggling construction companies.