The full year tally will reach almost $60 billion, with both public and private sector contracts accounting for half each.
The value of construction contracts this year will likely exceed official projections of between $47 and $53 billion, according to a team of economists from Maybank.
According to estimates by Maybank published in its Sept 24 report, contracts awarded in the first six months of the year has already reached $27.7 billion, up 41% y-o-y.
