THERE could be a couple of large road and highway construction contracts up for grabs following the tabling of Budget 2023 in parliament, people familiar with the matter tell The Edge. “We are expecting some announcements on these two contracts (CSR and SSLR), which could impact the construction sector positively in the budget next month,” says the managing director of a publicly traded construction company. The announcement of the contracts could generate interest in the long-suffering construction sector. A dearth of jobs, the slow economy and the ongoing pandemic, among others, have taken a toll on the construction sector. This means the road construction contracts in the state may be more hotly contested, with companies from the peninsula likely to bid.
