Contractor 2024. In the wake of the madani economic framework’s launch, titled “empowering the people”, on july 27, 2023, and the subsequent announcement of budget 2024, the malaysian construction industry finds itself at the forefront. Based on budget 2024, the government intends to roll out several big.
According to the american institute of architects, overall gains in spending are projected at just under 6%, with almost 3% for the commercial sector, 15% for industrial facilities, and 4% for institutional buildings. Malaysia’s construction industry is on an upward trajectory, with a predicted 3% growth in tender prices for 2024.