Mida to approve 100 IBS-based projects by 2020


KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) aims to approve 100 projects that adopt the Industrialised Building System (IBS), with a total of RM2bil additional investment by 2020, said chief executive officer Datuk Azman Mahmud.

As of March 2016, MIDA has approved 56 IBS-related projects with investment worth RM1.7bil, he said.

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