Malaysia's construction boom faces its biggest test [WATCH]
KUALA LUMPUR: Malaysia’s construction industry is heading into what could be one of its most consequential periods of growth, with a swelling pipeline of public infrastructure and private investment promising more work, but also exposing the structural weaknesses that have long held the sector back.
KUALA LUMPUR: Malaysia's construction industry is on the verge of a transformative phase, as the government prepares to award a record RM58 billion in infrastructure spending for 2027. However, the sector faces a critical challenge in adapting to new demands for productivity, technology, skilled manpower, safety, and sustainability to stay competitive.
Ahmad Farrin Mokhtar, chief executive of the Construction Industry Development Board, says the industry must evolve to deliver complex projects with greater efficiency and precision. The industry's next test will be to build better, faster, safer, and more profitably, he added. Contractors will need to adopt advanced project management, digital coordination, specialized engineering, and a technology-intensive workforce to meet these evolving benchmarks.
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