Construction Sector Grows Under 9MP

THE construction industry should aim for an efficient, productive, innovative and environmentally responsible industry, Deputy Works Minister Datuk Mohd Zin Mohamed said at the official launch of the International Construction Week (ICW 2007) at the Kuala Lumpur Convention Centre (KLCC) recently.

Organised by the Construction Industry Development Board (CIBD). ICW2007 was themed “Strengthening Construction Capabilities for Global Competitiveness”. “The Malaysian construction industry has contributed to the nation’s growth and it’s ready to venture overseas. The industry grew to 4.0 per cent during the first quarter under the Ninth Malaysia Plan and the formulation of a comprehensive Master Plan is timely to trigger a paradigm shift.

“However, there is a need to address issues and weaknesses before embarking on the vision of a progressive sector that thrives on knowledge, creativity for its survival.” CIBD chairman Tan Sri Jamilus Hussein said the event was a momentum and hallmark of the efforts to penetrate the challenging global market. “Malaysia has been transformed from a nation dependent on foreign experts and service providers to a major construction service exporter in the international market.

“Malaysian builders abroad have accumulated RM61 billion worth of projects covering about 38 countries. These projects are over a period of 10 years and currently our biggest overseas projects are in India and the Middle East. “We are also venturing into the Industrialised Building System (IBS) to reduce our dependency on foreign labour. IBS is not a new thing but merely a different trend. “IBS, which presents a cheaper cost in volume and time, takes work from the site to the factories but it will take some time for the industry to get used to the idea,” said Jamilus. He added that the future outlook for the industry was that it would be very busy over the next years.

At the event, Mohd Zin also opened the 24th Malaysian International Building Exposition (Malbex 2007) held in conjunction with ICW 2007. Organised by Reeds Exhibitions Sdn Bhd and co organised by CIBD, Malbex 2007 ran for four days. Reeds Exhibitions general manager Michelle Lim said last years, exhibitors made some RM86.5mil worth of sales and a further RM325 mil of sales was expected to be concluded this year.

“About 200 companies, comprising leading international manufacturers from 19 countries, including at least 51 first-time participants, took part in the expo. “It is recognised regionally as an outstanding industry-wide event for the building and construction sector, organised for the exchange of ideas, knowledge and technology.” She added that more than 14,000 trade visitors were expected at Malbex 2007, including architects, developers, interiors, designers, contractors, and top buyers. For details on Malbex 2007, visit http://www.malbex.com.my/

(Source: The Star, 29th September 2007)