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Business 15 Apr 2011 | 12:00 AM

Construction, renovation industries to gain RM3bil

GEORGE TOWN: The RM2.94bil in gross sales value (GSV) of housing projects to be launched this year is expected to generate about RM3bil worth of jobs for the construction and renovation industries in Penang.

Business 07 Oct 2010 | 12:00 AM

IJM's strategy for India

PETALING JAYA: IJM Corp Bhd's move to increase stakes in two India-based companies for RM93.4mil is part of its strategy of increasing investments in infrastructure assets in high-growth emerging markets, says chief executive officer and managing director Datuk Krishnan Tan (i>pic/i>).

Business 06 Oct 2010 | 12:00 AM

IJM to buy CIDBI shares

KUALA LUMPUR: IJM Corp Bhd has signed agreements with WCT (Overseas) Sdn Bhd and MTD Capital Bhd to acquire their shares in CIDB Inventures Sdn Bhd (CIDBI) for RM27.41mil.

Business 09 Sep 2010 | 12:00 AM

Association wants all small contractors to come under CIDB

PETALING JAYA: Master Builders Association Malaysia (MBAM) strongly urges the Government to register and regulate all small contractors under the Construction Industry Development Board (CIDB) with the requisite local equity and other relevant conditions before they are allowed to be sub-contractors and renovation contractors.

Business 04 Aug 2010 | 12:00 AM

RM82bil construction projects in M'sia this year

KUALA LUMPUR: The Construc-tion Industry Development Board (CIDB) expects RM82.3bil and RM70bil worth of construction and infrastructure projects to be implemented in 2010 and 2011 respectively.

Business 28 Jun 2010 | 12:00 AM

RM4b projects seen in Penang

GEORGE TOWN: The Penang Master Builders and Building Materials Dealers Association (PMBBMDA) expects the value of construction contracts in Penang this year to be slightly over RM4bil, which is the same as last year, but below the RM5bil forecast in 2009.

Business 21 Dec 2009 | 12:00 AM

New jobs boost for Penang Govt

GEORGE TOWN: The value of construction contracts in Penang is expected to grow by 20% next year as new projects from the Government and the private sector come onstream, which in turn, will boost the revenue of the local building materials and construction industry.

Business 13 Oct 2009 | 12:00 AM

Construction sector still unaware of certificate of approval

PETALING JAYA: The problems surrounding the implementation of the certificate of approval (COA) on iron and steel products have not been totally resolved, said Master Builders Association Malaysia (MBAM) president Ng Kee Leen.

Business 10 Oct 2009 | 12:00 AM

Malaysian builders win 16 more foreign jobs

BANGKOK: Malaysian contractors, who secured 155 projects overseas worth RM53.5bil in the past three years, have won another 16 projects valued at RM3.7bil so far this year.

Business 08 Sep 2009 | 12:00 AM

Construction players concerned about delays

PETALING JAYA: Construction players say they are more worried about possible delays in the delivery of iron and steel products due to the implementation of mandatory screening for imported iron and steel, rather than the extra cost the move will incur.