'Six months down to two'
KUALA LUMPUR: The newly-launched digital business-to-business platform for the construction industry, Menarabena, is expected to shorten the waiting period for procurement of building materials from six months to two months.
Six months of waiting time for construction materials procurement in Malaysia is set to be reduced to two months with the launch of Menarabena, a digital business-to-business platform for the construction industry. The new platform, launched by Menara Asia Sdn Bhd, aims to improve procurement, enhance supply chain visibility, and streamline access to construction materials.
Industry Minister Datuk Seri Alexander Nanta Linggi highlighted that Menarabena will help industry players make informed decisions in their procurement process, thus expediting it. The platform, which integrates procurement, product marketing, delivery coordination, and order tracking, connects contractors, manufacturers, and suppliers across local and international markets.
With Menarabena, the construction industry faces challenges related to cost management, compliance with material specifications, and timely project completion. To further improve the procurement process, training, guidance, and support for technology adoption must be strengthened. Menarabena, a collaboration between Menara Asia and the Construction Industry Development Board, is available to all construction industry players, from G1 to G7 contractors, manufacturers, suppliers, and developers.
The platform is set to expand to Sabah and Sarawak by the end of October and by year-end, respectively.
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