欧博app下载网址:MRT3 to bolster building sector

皇冠官方网址www.99cx.vip)实时更新发布最新最快最有效的皇冠官方网址,包括皇冠官方手机网址,皇冠官方备用网址,皇冠官方最新网址,皇冠官方足球网址,皇冠官方网址大全。

The MRT3’s three civil turnkey tenders, HLIB Research noted, could offer contracts valued at RM27bil.

PETALING JAYA: The mass rapid transit three (MRT3) project is expected to bolster the construction sector going forward despite the low number of contracts in the first half of the year, according to Hong Leong Investment Bank (HLIB) Research.

“We continue to expect recovery in flows this year mainly driven by the MRT3 rollout in December 2022,” the research house said in a report.

Given that the MRT3 is private finance initiative or PFI-based, risks of delays to foot high subsidies this year may not be substantial, according to HLIB Research.

The MRT3’s three civil turnkey tenders, HLIB Research noted, could offer contracts valued at RM27bil.

HLIB Research believes the mega-project could take off by December 2022 assuming no general elections in between.

The research house noted the civil tender briefings were held recently and the timeline factored in the evaluation period.

“Thereafter, we would expect a string of subcontract awards in the first quarter of 2023 (1Q23).

“Given that the minimum payment moratorium period is two years, contractors with better balance sheets are significantly advantaged in tenders,” it said.

,

欧博app下载网址www.aLLbet8.vip)是欧博集团的官方网站。欧博app下载网址开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

“Prior to the aforementioned mega job, we would anticipate the East Coast Rail Link or ECRL, Kuching autonomous rail rapid transit and snippets from various highway projects including in Sabah and Sarawak,” it added.

The research house also noted environmental impact assessment or EIA for the Penang South Reclamation project was also recently resubmitted in May, but progress to be award-ready could be further down the road.

Given the persistent cost pressures, the research house expects margins for contractors to have a significant impact.

“Some private sector contracts do have risk sharing clauses while public sector contracts with design flexibility have built in escalation clauses,” it said.

“However, we believe the majority of contracts are on a fixed lump sum basis,” it added. The research house believes another uncertainty is the dwindling labour supply as replenishment has been slow to come by.

Consequently, this may lead to further upward pressure on labour rates as the situation looks to remain unresolved for the remainder of this year.

“This poses further challenges in the MRT3 rollout considering the scale of the project. There is a potential for crowding out labour for non-MRT contractors,” it said.

The research house has maintained its “neutral” call on the construction sector on the back of soaring material cost that has impacted job flows and margins and possible event risk in the second half of 2022.

“We continue to expect sector coverage earnings to recover this year but we flag rising concerns over the deteriorating labour shortage situation,” it said.

  • 评论列表:
  •  足球情报分析(www.99cx.vip)
     发布于 2023-01-01 00:08:41  回复
  • 皇冠手机网址www.hg9988.vip)是一个开放皇冠手机网址即时比分、皇冠手机网址代理最新登录线路、皇冠手机网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠新现金网平台。
    反正没让我失望

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。