News about construction

WCT Holdings Bhd (April 27, RM1.

JOHOR (April 27): From June 1, skilled construction workers and site supervisors cannot continue to work at construction sites unless they have a certificate from the Construction Industry Development Board (CIDB), Bernama reported yesterday.

Construction sector Maintain “overweight”: A local business daily reported that the Kuala Lumpur high speed rail (HSR) project will commence operations in 2027 from its initial target of 2020.

KUALA LUMPUR (April 12): It is now mandatory for all government projects costing RM10 million and more, and private sector ventures of RM50 million and above, to hit an Industrialised Building System (IBS) score of 70, said Prime Minister Datuk Seri Najib Razak (pictured).

KUALA LUMPUR (April 11): Malaysia's construction segment is expected to grow between 8% and 10% in 2016 in terms of projects undertaken, driven by government infrastructure projects, said Works Minister Datuk Seri Fadillah Yusof.

KUALA LUMPUR (April 4): AmInvestment Bank said it does not preclude the possibility of seeing Peninsular-based contractors being invited to set up joint ventures (JVs) to bid for jobs, after The Edge Weekly reported that UEM Group Bhd, MMC Corp Bhd and Warisan Tarang Construction Sdn Bhd are teaming up for the Sabah portion of the Pan Borneo Highway.

KUALA LUMPUR (March 21): Kerjaya Prospek Group Bhd, formerly Fututech Bhd, has bagged a RM181.

KUALA LUMPUR (March 1): Malton Bhd plans to launch the third and final phase of its freehold serviced apartments at Bukit Jalil City development here in September, said a spokesperson for the developer.

Construction sector Maintain “overweight”: The Edge weekly reported that IJM Corp Bhd, Sunway Construction Group Bhd (SunCon) and Gadang Holdings Bhd are among the leading contenders for major work packages under the mass rapid transit (MRT) 2 line.

Sunway Construction Group Bhd (Feb 11, RM1.