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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.
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>).
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.
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.
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.
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.