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Deputy Works Minister Datuk Seri Ahmad Maslan said the government has allocated RM180 billion in the construction sector this year, half of which is the allocation approved for the federal government development expenditure in Budget 2024 while the rest is from the private sector.
PETALING JAYA (May 9): A total allocation of RM180 billion in the construction sector for government and private sector projects will be up for grabs this year.
Deputy Works Minister Datuk Seri Ahmad Maslan said RM90 billion of that is the allocation approved for the federal government development expenditure in Budget 2024 while the rest is from the private sector.
“In the middle of this year, many tenders will be called comprising two types of tender — open tender with pre-qualification and selective tender — and there will also be many letters of acceptance to be issued. This will further boost the construction sector,” he said.
