News about construction

CIDB’s bid to elevate the quality of Malaysian buildings is laudable and a move in the right direction.

Director-General of JKR, Datuk Ir Ahmad Redza Ghulam Rasool: JKR is unwavering in its commitment to BIM adaptation and together with our partners, JKR's initiatives are geared towards magnifying industry awareness and preparing Malaysia for the global stage of modern construction technology.

The lorry drivers’ strike began on Oct 17 in states such as Kuala Lumpur, Johor, Melaka, Penang and Negeri Sembilan among others, in protest of the Road Transport Department's (JPJ's) enforcement operation of seizing overloaded lorries.

Maybank Investment Bank Bhd (Maybank IB) said that Gamuda winning the contract to design and build the Kaohsiung Mass Rapid Transit (MRT) metropolitan line has lifted the group’s outstanding orderbook by 15% to RM23.

Meanwhile, another RM7.

Cream and YTL said the grant is a follow-up to the Memorandum of Understanding (MOU) between the two organisations in April this year, highlighting their shared mission to achieve construction excellence and support of the industry transition to sustainable construction.

Maybank Investment Bank's (Maybank IB) research and economics team is overall positive on the Budget 2024 measures, "with fiscal consolidation commitment reiterated, yet the national budget is expansionary and pro-growth".

“In order to pump prime the revival of the Malaysian construction industry, the MBAM appeals to the government to provide more assistance for the construction industry to revive and sustain the construction sector.

The research house reiterated its conviction that cement demand will continue to flourish in the medium-to-long term, propelled by the commencement of major infrastructure projects in Malaysia.

"The said meeting decided that Umech was to carry out a market survey to study the composition of land usage, [for] proof of Umech’s financial sustainability to be evaluated, and other related matters.