Tuesday, April 19, 2005

RM2.4 billion shot in the arm

RM2.4 billion shot in the arm

Hamidah Atan
New Straits Times
04-19-2005
RM2.4 billion shot in the arm (HL)
Byline: Hamidah Atan
Edition: Main/Lifestyle

PUTRAJAYA, Mon. - Malaysia will fast-forward some Ninth Malaysia Plan

projects worth RM2.4 billion to revive the limp construction sector and
strengthen the economy.

Twenty-six projects, originally planned for the five-year master plan

beginning in 2006, will be implemented immediately.

Datuk Seri Abdullah Ahmad Badawi said the Government agreed that the

projects be brought forward to give a boost to the construction sector,

which recorded growth of only 1.9 per cent in 2004.

The sector is also expected to be sluggish this year, the Prime

Minister said when opening ...