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