The construction sector in Malaysia grew 10.7% to RM25.3bil in the third quarter this year.
This is compared to the same quarter in 2013, and 0.5% compared to the preceding quarter, according to the Department of Statistics Malaysia.
Performance of the construction sector
The total value of construction work down in the third quarter 2014 recorded a growth of 10.7 per cent year-on-year to RM25.3 billion. The quarter-on-quarter percentage change showed a margin increase of .05 per cent as compared to the pervious quarter as shown in table A.
Chart A portrays the annual percentage change (Y0Y) for the third quarter 2009 to the third quarter of 2014. As show in the chart, the sector continued to register a positive growth since the third of 2011.
Construction activity by type
In the third quarter of 2014, the highest percentage share was contributed by construction of non-residential buildings sub-sector which recorder 34.5 per cent. this was followed by civil engineering sub-sector (31.0 %), residential building (30.0%) and special trades (4.5%) as shown in Table B.
Value of construction work done by location of project
In the current quarter, selangor continued to record the highest value of construction work done at RM6.21 billion or 24.6 per cent among the states. This was followed by Wilay Persekutuan Kuala Lumpur at RM4.36 billion (17.2%) ; Johor, RM4.09 billion. (16.2%); Sarawak, RM 1.90 billion (7.5 %) and Pulau Pinang, RM1.62 billion (6.4%). The contribution of these five states accounted for 71.9 per cent of the total value of construction work down as shown in Chart B.
Construction by project owner
in terms of construction activity by project owner, the private sector continued to dominate with shares of 70.0 per cent in the third quarter of 2014 as shown in table C. Chart D show the trend of construction activity by project owner.