Weekly Industry News

Construction sector enters new paradigm

Weekly Industry News

The construction sector, which enjoyed a good run until recently, is seeing a massive shake-up following the 14th
general election last May. Fund managers and analysts say various measures, in particular, the cancellation and deferment of several mega projects, have caused a drastic shift in the sector’s fundamentals.

New processes to increase transparency and governance is also changing the state of play. Industry observers note that as with all reforms, the short-term fallout will be painful. But in the longer term, they will have a positive impact.

Media Title: The Edge

Date: 25 Feb 2019

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