Double-digit growth for Malaysia's construction industry


Robust sector: A file picture shows construction workers walking across a platform at a building site in Kuala Lumpur. The construction sector is expected to grow 10.3 this year compared with 11.8 in 2014. – AFP

KUALA LUMPUR: The Construction Industry Development Board (CIDB) is confident that the local construction industry will achieve a third straight year of double-digit growth in 2015, based on the number of projects undertaken year-to-date.

CIDB corporate and business sector senior general manager Sariah Abdul Karib said construction projects undertaken last year totalled some RM160bil, comprising both public and private projects.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , CIDB , construction , productivity ,

   

Next In Business News

US crypto industry eyes possible day-one Trump executive orders
Starbucks workers expand strike in US cities, including New York
AirAsia in talks on aircraft purchases as part of expansion strategy
Coastal Contracts wins large-scale solar PV plant project in Sabah
Malakoff redesignates Che Khalib as non-executive chairman
Ringgit stages strong rebound to end losing streak against US dollar
HeiTech Padu appoints Hasrul Azuan as CEO
Dnex ties up with France-based Conex to streamline EU trade compliance for M’sian exporter
Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030

Others Also Read