October 24, 2009

Construction sector gets RM9b allocation

Published: 2009/10/23

THE construction sector is among the beneficiaries of Budget 2010, receiving RM9 billion in allocation which will finance particularly infrastructure projects next year, Prime Minister Datuk Seri Najib Tun Razak said today.

Najib, who is also the Finance Minister said RM4.7 billion would be used for road and bridge projects; RM2.6 billlion for water supply and sewerage services; RM899 million for rail facilities; RM820 milllion for ports and sea services as well as RM276 million for airport projects.

Presenting the budget at the Parliament today, he said the construction industry recorded positive growth despite a difficult economic environment.

"This sector has the potential to be further developed with the implementation of various government development projects. These measures will also reinvigorate building materials related industries and intensify the services sector," Najib said. - Bernama

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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