Shares of Singapore construction firm Yongnam Holdings <YNAM.SI> rose as much as 6.3% today, as investors expected a bright outlook for the sector following government plans to invest more in infrastructure over the next few years.

By around 10:31 a.m., Yongnam shares were traded at $0.255 with over 20.6 million changing hands. The stock is up 4.2% to $0.250 with 28 million shares traded.

“Although the property sector is expected to slow down, construction still seems quite resilient because of government projects to build new infrastructure. That could be why some funds are flowing out of property stocks and into construction today,” said a trader at Kim Eng Securities.

Singapore plans to invest $60 billion over the next decade to double its suburban rail network, Prime Minister Lee Hsien Loong said in August.

Another construction firm Chip Eng Seng also rose 1.3% to $0.38, with 2.8 million shares changing hands.