BERA, July 14 — The government has added 11 more building materials in the implementation of the Variation of Prices (VOP) clause to help face the rising prices of building...
BERA, July 14 — The government has added 11 more building materials in the implementation of the Variation of Prices clause to help face the rising prices of building materials, Datuk Seri Ismail Sabri Yaakob said today.
This will also ensure projects are completed on time, the prime minister said, adding that there were now 15 items in the VOP, including cement, bricks, glass and ceiling and roof materials. “The government is aware of the unavoidable hike in building material prices following global economic uncertainties and the Russia-Ukraine geopolitical conflict. I was made to understand that building materials, including steel, which is among the main items in the implementation of projects, have gone up by 180 per cent.
“However, the government always listens and understands these issues and have reinstated the VOP to ensure projects are completed on time,” he said when opening the Pahang Malay Contractors Association’s 38th annual general meeting here today. Also present were Pahang Public Works, Transport and Health Committee chairman Datuk Seri Norolazali Sulaiman, Malaysian Malay Contractors Association president Datuk Seri Mohamed Fadzill Hassan and Pahang PKMM president Abd Gapar Lambak. — Bernama
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