This will be an increase from last year, when the industry recorded a growth of 7.4% with a total value of RM166.4bil, according to data from the Construction Industry Development Board (CIDB). “Undoubtedly, construction industry is one of the key sector which will propel the nation into prosperity,” said Works Minister Datuk Seri Fadillah Yusof at the 8th Malaysian Construction Summit. Fadillah said construction sector’s growth is largely driven by the private sector, with some of them have gone abroad to bid for jobs. To further strengthen the construction industry, Fadillah said the ministry, through CIDB, has proactively developed the construction industry transformation programme (CITP). CITP is a comprehensive five-year plan to transform the construction industry to be at par with its counterparts in developed nations by 2020.

Source: The Star April 11, 2017 23:22 UTC