INDUSTRY NEWS (31 MAY 2021)
FMCO: MBAM urges govt to provide financial aids for contractors
Master Builders Association Malaysia (MBAM) seeks for immediate and urgent economic support from the government as the nation goes into full movement control order (FMCO) from June 1 until June 14. “We have been suffering due to various additional costs arising
Works minister: Only construction on critical list can continue from June 1
All construction work nationwide must to be stopped during the total lockdown period, except for those listed under the critical services list, said Senior Works Minister Datuk Seri Fadillah Yusof. He said in a statement today that maintenance and repair works were critical
Malaysia sector outlook: construction set to rebound
2020 was a dismal year for the Malaysian construction sector, with GDP contracting -18.7% YoY as a result of the country wide lockdown and construction site outbreaks which halted in civil engineering and construction activities (see chart 1). To add salt to the wound, economic
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