Malaysia: Value of construction in Q1 up 15.1% to over US$830 bn

Malaysia 13 May 2015
Malaysia: Value of construction in Q1 up 15.1% to over US$830 bn

The total value of construction work done in the first quarter of 2015 grew by 15.1 per cent year-on-year to RM28.7 billion, said the Statistics Department.

“The quarter-on-quarter percentage change showed an increase of 6.1 per cent as compared to the previous quarter,” it said in a statement on Tuesday.

During the quarter under review, the highest percentage share was contributed by the non-residential buildings sub-sector at 34.8 per cent, followed by civil engineering (30.5 per cent), residential buildings (29.9 per cent), and special trades (4.8 per cent).

“Selangor continued to record the highest value of construction work done at RM7.55 billion or 26.9 per cent, followed by Federal Territories at RM5.14 billion (17.9 per cent); Johor at RM4.79 billion (16.7 per cent); Sarawak at RM2.21 billion (7.7 per cent) and Penang at RM1.60 billion (5.6 per cent).

“The contribution of these five states accounted for 74.1 per cent of the total value of construction work done,” the department said.

In terms of construction activity by project owner, it said the private sector continued to dominate with a 68.4 per cent share in the first quarter of 2015.-Bernama

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