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Friday, April 17, 2009

Builders undertake RM98b foreign projects

A TOTAL of 102 Malaysian contractors have penetrated the construction market in 45 countries, undertaking various scope of work, Deputy Works Minister Datuk Yong Khoon Seng said today.

He said they have completed 432 projects worth RM29.3 billion while 125 projects, costing RM69 billion, are under construction.

"Their performance is to be proud of. It showed Malaysia's construction industry is capable of competing in the global market, providing services and work quality on par with foreign parties.

The construction market in foreign countries covers work to build infrastructures, buildings and airports, he said. "This is the result of the capabilities developed in the domestic market over the past one decade," he said when opening the Southern Region (Negeri Sembilan, Johor and Malacca) Construction Week 2009 hosted by the Construction Industry Development Board at the Malacca International Trade Centre.

CIDB chairman Tan Sri Jamilus Hussein was present.

By Bernama

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