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Construction sector to record slower growth in 2019
KUALA LUMPUR: The country's construction industry is expected to record slower growth next year amid revision of mega projects and in line with the slowdown in the global construction sector, said Works Ministry Secretary-General Datuk Seri Zohari Akob.
MBAM sees RM180bil worth of construction jobs this year
GEORGE TOWN: The Master Builders Association Malaysia (MBAM) is projecting that the values of construction jobs awarded in 2017 and 2018 would be about RM170bil and RM180bil, respectively.
Sunsuria eyes large scale infrastructure projects
KUALA LUMPUR: Sunsuria Bhd, the property developer, is seeking shareholders approval to expand into construction and large-scale infrastructure development, projecting the new business division to generate more than quarter of its future profits.
SunCon earnings higher
PETALING JAYA: Sunway Construction Group Bhd’s (SunCon) earnings improved in the third quarter ended Sept 30, as recent contract wins including work on a new light rail transit (LRT) line lifted its outstanding order book to a record high.
Property imbalance growing wider
THE growing supply-demand imbalances in the local property market, especially within the residential and commercial property segments, could pose severe risks to the wider economy.
Govt on track to get RM2bil IBS-based projects
KUALA LUMPUR: The Government, through the Malaysian Investment Development Authority (Mida), is on track to achieve an additional investment of RM2bil for approved projects that adopt the industrialised building system (IBS) by 2020.
Innovating construction to cut prices
AT the Master Builders Association Malaysia (MBAM) Building and Construction Conference 2017, the education and research arm of the Building and Construction Authority (BCA) said Singapore had to ramp up to between 30,000 and 40,000 housing units under the Housing Development Board (HDB).
MBAM expects RM350bil worth of construction projects
KUALA LUMPUR: Construction projects worth RM350bil are expected to come onstream over the next two to three years with the announcement of Budget 2018.
Budget 2018 expected to bring in RM350m of construction projects
KUALA LUMPUR: Construction projects worth RM350bil are expected to come onstream over the next two to three years with the announcement of Budget 2018.
Over 1,000 sub-contractors vie for RM55bil ECRL work packages
KUALA LUMPUR: More than 1,000 firms are competing for civil works packages for the construction of the new 688km rail line that will link states on the east coast with the Klang Valley.
