Construction sector expands 14% to RM36.8 billion in Q1
Published on: Monday, May 13, 2024
By: Bernama
The civil engineering sub-sector, amounting to RM15.1 billion or 41.1% is primarily driven by activities related to the construction of roads and railways. (File pic)
PETALING JAYA: The construction sector’s work done value soared by 14.2% year-on-year (y-o-y), amounting to RM36.8 billion in the first quarter of 2024 (Q1 2024), said the statistics department.
Chief statistician Uzir Mahidin said the value of work done in the construction sector continued its upward trajectory compared to Q4 2023’s 6.8%.
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“The vibrant performance was attributable to the stronger expansion in the civil engineering sub-sector, which was at 24.7% following an 18% increase in the preceding quarter.
“Additionally, the special trades activities and residential building sub-sectors experienced double-digit increases of 11.8% and 11.5%, respectively.
“In the meantime, the non-residential buildings sub-sector also expanded at a faster pace of 3.8% (Q4 2023: -1.9%),” he said.
Uzir said that out of RM36.8 billion, civil engineering amounted to RM15.1 billion or 41.1%, driven primarily by the construction of roads and railways activities which accounted for RM7.6 billion.
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“The value of work done for non-residential buildings and residential buildings was RM10.2 billion (27.7%) and RM7.8 billion (21.1%), respectively.
“The special trade activities made up RM3.7 billion (10%), largely in electrical installation (RM1.1 billion); plumbing, heat, and air-conditioning installation (RM0.9 billion); and site preparation (RM0.7 billion) activities,” he said.
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The statistics department said that the private sector remained the main impetus to the growth in this quarter, with an increase of 10.1% (Q4 2023: 1.4%).
The value of work done by the public sector reached RM15 billion or 40.8%, which maintained its double-digit growth for three consecutive quarters by registering 20.6% this quarter.
It added that nearly 58.4% of the construction sector work done value in Q1 2024 was concentrated in Selangor, Johor, Wilayah Persekutuan (Kuala Lumpur, Putrajaya and Labuan), and Sarawak.
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