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Malaysia’s construction sector up 42.6pc in Q2 year-on-year, highest since 2012

malaysia
Chief statistician Datuk Seri Mohd Uzir Mahidin said the value of construction work done was dominated by the civil engineering subsector since the fourth quarter of 2015 (Q4) with a 40.7 percent share. — Picture by Ahmad Zamzahuri

KUALA LUMPUR, Aug 9 — Malaysia’s construction sector grew 42.6 percent in the second quarter of 2021 (Q2) year-on-year (YoY) to RM28.2 billion, the highest growth recorded since the second quarter of 2012 due to the lower base last year.

The Department of Statistics Malaysia (DOSM) said the special trades activities subsector registered a growth of 75 percent in Q2 compared to that of the same quarter last year.

Meanwhile, the other three subsectors, namely civil engineering, non-residential buildings, and residential buildings showed a growth of 59.5 percent, 37.0 percent, and 18.0 percent, respectively, compared with the same quarter of 2020.

Chief statistician Datuk Seri Mohd Uzir Mahidin said the value of construction work done was dominated by the civil engineering subsector since the fourth quarter of 2015 (Q4) with a 40.7 percent share.

This was followed by non-residential buildings (28.2 percent), residential buildings (22.6 percent), and special trades activities (8.6 percent).

He said the private sector continued to impel the construction activity with a 53.7 percent share of RM15.2 billion of the total value of construction work done compared with the public sector with 46.3 percent share (RM13.1 billion).

For the first half of 2021, the value of construction work done recorded RM59.6 billion — an 8.7 percent growth compared with the same period last year. — Bernama

RESOURCES: Malay Mail

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