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AFTER 10 consecutive quarters of growth, the construction sector staged a recovery in 4Q06, chalking up 0.6% year-on-year (YoY) growth in real output. The momentum thereafter strengthened, to reach 4.8% YoY growth in the second quarter of this year.
Construction Industry Development Board (CIDB) has signed a Memorandum of Understanding (MoU) with the Kerala State Industrial Development Corporation (KSIDC) to undertake the development of an integrated industrial township in Kerala, India.hr noshade size=1 width=50%>
The Construction Industry Development Board (CIDB) expects the value of construction work done to grow 4.2% this year compared to a decline of 0.5% in 2006.
Small consulting firms should consider merging with bigger ones to form consortiums to bid for bigger local and international projects, Works Minister Datuk Seri S. Samy Vellu said.
Having spent his third consecutive Deepavali away from home in Malaysia, Indian High Commissioner R.L. Narayan i>(pic)/ihas certainly put his time here to very good use.