Malaysia Construction: RM82bn projects to be implemented this year

A total of RM82.3bn worth of construction and infrastructure projects are expected to be implemented this year at the tail end of government’s stimulus package and the Ninth  Malaysian Plan (2006 – 2010), said the Construction  Industry Development Board (CIDB). Its senior GM and CEO Abdul Latif Hitam said RM19bn in construction and infrastructure projects were implemented in the first half of 2010. For 2011, he said about RM70bn in projects are expected to be implemented. Projects that are expected to take off  during the 10th  Malaysian Plan (10MP, 2011 – 2015) are the LRT expansion, new LCCT, electricity generation plants, world-class luxury condominium projects, Greater KL and the five economic regions. (Financial Daily)