DoSM: Malaysia’s construction sector expands 8.1 pct in 2Q 2023

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The value of work done in the federal territories was RM3.7 billion (11.5 per cent) and Sarawak with RM3.4 billion (10.5 per cent) theSun theSundaily DoSM construction sector growth localnews

: Malaysia’s construction sector rose 8.1 per cent year-on-year in the value of work done in the second quarter of 2023 to record a total of RM32.4 billion, the Department of Statistics Malaysia said.

“In the meantime, the sub-sector of special trade activities recorded higher growth in this quarter by 9.8 per cent compared to 9.0 per cent in the previous quarter while the non-residential buildings sub-sector grew modestly by 5.7 per cent . “A total of RM12.1 billion or 37.4 per cent of the construction work done value was civil engineering contributed mainly by the construction of roads and railways activity with a value of RM6.5 billion in this quarter.

In terms of the performance of the construction sector by state, Mohd Uzir stated that nearly one-fourth or 23.3 per cent of the work done value in 2Q 2023 was concentrated in Selangor, amounting to RM7.5 billion.

 

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