News About construction industry

CIDB: Private sector adoption of IBS around 35%

Jan 17

KUALA LUMPUR (Jan 17): The private sector adoption of the industrialised building system (IBS) currently stands at an estimated 35%, out of its 2020 target of 50%, said the Construction Industry Development Board (CIDB).

KPKT and MIPFM to discuss separate register for property and facility managers

Oct 25

KUALA LUMPUR (Oct 25): The Malaysian Institute of Property and Facility Managers (MIPFM) will be speaking with the Housing and Local Government Ministry about the possibility of setting up a separate board to register property, facility and strata managers.

Construction costs to drop by up to 5% with SST exemption, says CIDB chief executive

Sep 28

KUALA LUMPUR (Sept 28): Construction costs of homes are expected to fall by 3% to 5% owing to the Sales and Service Tax (SST) exemption on basic construction materials, The Star daily reported Construction Industry Development Board (CIDB) chief executive Datuk Ahmad Asri Abdul Hamid saying today.

M'sian construction delegation visits UK for opportunities in development projects

Apr 23

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.

Suncon 3Q net profit up 11% on construction segment boost

Nov 21

KUALA LUMPUR (Nov 20): Sunway Construction Group Bhd (SunCon), the country's largest pure-play construction group, saw its net profit rise 11.

S P Setia's Saraca project in Setia Ecohill bags Quality Excellence Award

Aug 22

KUALA LUMPUR (Aug 22): S P Setia Bhd said one of its projects in Setia Ecohill, Semenyih, has been recognised for quality excellence at the High Qlassic Achievement Awards 2017 organised by the Construction Industry Development Board yesterday.

CIDB acts against contractor for site safety negligence

May 22

PETALING JAYA (May 22): Construction Industry Development Board of Malaysia (CIDB) has taken legal action against the main contractor of KL Eco City development in Bangsar, Kuala Lumpur, for safety negligence in the collapse of a link bridge that caused the death of a site worker.

CIDB warns contractors of impostors

May 18

PETALING JAYA (May 18): The Construction Industry Development Board of Malaysia (CIDB) wants construction contractors nationwide to be wary of people impersonating as CIDB officers.

Minister calls for mandatory use of industrialised building system in construction industry

May 16

SHAH ALAM (May 16): A minister has called for the adoption of the industrialised building system (IBS) to be made mandatory for all players in the construction industry.