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Johor-Singapore Special Economic Zone will fuel infra boom, investment bank says

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Johor-Singapore Special Economic Zone News

JS-SEZ

KUALA LUMPUR, July 12 — Hong Leong Investment Bank Bhd (HLIB) expects positive sentiment for the construction sector coming from the Johor-Singapore Special Economic Zone...

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In a research note today, HLIB also anticipates the rollout of big ticket infrastructure contracts and has retained the Overweight sector call for the second half of 2024 . Further to this, HLIB expects sustaining private sector flows to be led by data centres where the pipeline continues to be strong.“In the past year, the pipeline has been further bolstered by Johor’s emergence as the fastest growing DC market in the Southeast Asia region.

 

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