Malaysia's construction sector rises 20.2 per cent in Q2
Real Estate

Malaysia's construction sector rises 20.2 per cent in Q2

Malaysia's construction sector rose 20.2 per cent year on year with work done value amounting to 38.9 billion ringgit in the second quarter. The Department of Statistics Malaysia said growth was spearheaded by the buoyant performance of the civil engineering and residential buildings sub-sector...

Malaysia's construction sector rose 20.2 per cent year on year with work done value amounting to 38.9 billion ringgit in the second quarter. The Department of Statistics Malaysia said growth was spearheaded by the buoyant performance of the civil engineering and residential buildings sub-sectors, which posted substantial double-digit increases of 25.2 percent and 19.7 percent, respectively. Also, growth of the sector was further bolstered by 44.9 per cent expansion in the special trade activities. The sub-sector of non-residential buildings also gained momentum, growing 7.2 per cent. Out of 38.9 billion ringgit of work done, 39 per cent was attributed to the construction of roads and railways and utility projects.

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