KUALA LUMPUR: Having opened its second shopping mall last week, construction firm WCT Bhd is eyeing more infrastructure concession projects locally to further broaden its recurring earnings base.
The Government is considering raising the minimum floor prices of houses foreigners are allowed to buy to RM1mil from the current RM500,000 in an effort to control the rise in property prices, sources said.
A total of 59 projects are expected to bring in RM139.3bil in investments by 2020 and create 68,000 job opportunities in Johor, said Prime Minister Datuk Seri Najib Tun Razak