Online index on cost of building materials

  • Nation
  • Saturday, 20 Dec 2003

KUALA LUMPUR: The public will soon have online access to an index of the cost of building materials in the country.  

The index, to be compiled by the Construction Industry Development Board of Malaysia and the Statistics Department, would also feature the average wage of construction workers, rental charges for heavy machinery and other materials. 

A memorandum of understanding to compile the index was signed yesterday between CIDB chief executive Datuk Hamzah Hassan and Chief Statistician Datuk Shaari Abdul Rahman, witnessed by Works Minister Datuk Seri S. Samy Vellu. 

Speaking to newsmen, Samy Vellu said the comprehensive cost data would give the people a real indication of the prices of the construction materials. 

He also launched two books published by CIDB, Building Materials Cost Index and Average Price of Building Materials for Peninsular Malaysia.  

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