CIDB: Provide technology incentives


KUALA LUMPUR: The Construction Industry Development Board (CIDB) hopes the government can provide incentives for programmes that can increase the adoption of technology in the construction sector under Budget 2022.

CIDB Malaysia chief executive Datuk Ahmad Asri Abdul Hamid said several key programmes had been formulated by CIDB for implementation during the 12th Malaysia Plan including the Industrial Building Systems (IBS) excellence programme, which involved the construction of an IBS hub in seven states in Malaysia.

He told Bernama that the hubs were intended to be a reference point for the construction industry equipped with all the latest information, infrastructure facilities and technology related to IBS.

It also aims to increase the number of IBS industry players, especially among bumiputera and small and medium enterprises, as well as cost savings for the development of affordable housing projects, according to Ahmad Asri.

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