The MyN3C is part of the introduction of the National Construction Industry Information Centre (NCIIC), providing comprehensive construction-related data for industry reference, thus directly impacting activities such as estimation, cost control, cost forecasting and cost-benefit analysis.
In a statement, CIDB said the joint venture was among its initiatives to transform the industry into one that is highly productive, sustainable and world-class by 2020.
“As there are a few organisations that provide construction cost data, the industry faces the issue of lack of access,” it said in the statement. — Bernama
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