0330 GMT - Singapore's construction sector is set to outperform, given strong demand and a new wave of infrastructure investments, UOB Kay Hian analysts write in a research report. There are many major public sector projects in the pipeline, including the Deep Tunnel Sewerage System, as well as coastal protection and flood mitigation works. Listed contractors also have a strong orderbook visibility of two to four years. UOB KH maintains an overweight rating on Singapore's construction sector, pegging Centurion Corp., Reclaims Global and Tiong Woon Corp. as its top picks.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 21, 2026 22:30 ET (03:30 GMT)
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