MRT Corp awards RM1.01b trackworks package to CCCC-George Kent JV
KUALA LUMPUR (Aug 24): A joint venture between George Kent (M) Bhd and China Communications Construction Company Ltd (CCCC) has won the RM1.
Gadang’s 4Q net profit climbs 20%
KUALA LUMPUR (July 22): Gadang Holdings Bhd’s net profit climbed 20% to RM30.
CIDB: Public projects worth RM50m and above to adopt MyCREST
KUALA LUMPUR (May 12): The Construction Industry Development Board (CIDB) said the government will be mandating that all public projects worth RM50 million and above to adopt the Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST), in a bid to reduce carbon emissions in the construction industry.
CIDB certificates needed from June 1
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.
HSR to be ready by 2027, construction to take seven years
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.
Mandatory to achieve IBS score of 70 in construction industry, says Najib
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).
M'sian construction industry to post 8% to 10% growth in 2016
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.
UEM Group, MMC Corp seen among Pan Borneo highway contenders
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.
