Construction sector expands 14% to RM36.8 billion in Q1

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Construction sector expands 14% to RM36.8 billion in Q1
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  • 📰 DailyExpress_MY
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PETALING JAYA: The construction sector’s work done value soared by 14.2% year-on-year (y-o-y), amounting to RM36.8 billion in the first quarter of 2024 (Q1 2024), said the statistics department.

PETALING JAYA: The construction sector’s work done value soared by 14.2% year-on-year , amounting to RM36.8 billion in the first quarter of 2024 , said the statistics department.

“Additionally, the special trades activities and residential building sub-sectors experienced double-digit increases of 11.8% and 11.5%, respectively. Uzir said that out of RM36.8 billion, civil engineering amounted to RM15.1 billion or 41.1%, driven primarily by the construction of roads and railways activities which accounted for RM7.6 billion.“The value of work done for non-residential buildings and residential buildings was RM10.2 billion and RM7.8 billion , respectively.

The value of work done by the public sector reached RM15 billion or 40.8%, which maintained its double-digit growth for three consecutive quarters by registering 20.6% this quarter.

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