KUALA LUMPUR (April 23): The Construction Industry Development Board (CIDB) today led a delegation of Malaysian construction-related companies to explore opportunities in development projects in the UK owned by Malaysian developers.
CIDB said this is part of the initiatives under the Construction Industry Transformation Programme (CITP), which seeks to create Malaysian construction champions to lead the charge locally and globally.
"Our main objective is to facilitate Malaysian construction industry players to undertake, execute projects and render services in the UK," said CIDB chairman Tan Sri Dr Ahmad Tajuddin Ali, who led the delegation.
"One of the best ways to do this is to work together with Malaysian developers who are already involved in large scale developments in the UK, particularly the Battersea Power Station Development," Ahmad Tajuddin said in a statement released here.
Apart from the Battersea Power Station Development Corp, the delegation also received a briefing and visited projects owned by EcoWorld, IJM Land and YTL.
CIDB chief executive Datuk Ahmad 'Asri Abdul Hamid said the mission will help enhance the export of Malaysia's construction services and elevate the use of the country's construction resources in local and overseas projects.
"The CITP has put in place a target of getting 10 more local construction companies to export their services globally to the collective value of RM8 billion from 2016 to 2020. As at December 2017, we have recorded RM4.85 billion accumulated from overseas projects won by Malaysian companies," he said.
The mission includes 37 delegates from 28 companies involved in various construction-related professional services such as architecture, engineering, project management, quantity surveying and Building Information Modelling consultancy. Building material suppliers and manufacturers also form part of the delegation. — theedgemarkets.com
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