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Value of construction work done down 21% in Q3
2021-11-12 00:00:00.0     星报-商业     原网页

       

       KUALA LUMPUR: The value of construction work done in the third quarter (Q3) of 2021 recorded a reduction of 21% year-on-year, amounting to RM24.8bil, said the Statistics Department (DOSM).

       In a statement yesterday, chief statistician Datuk Seri Dr Mohd Uzir Mahidin said among the factors contributing to the decline were the enforcement of the enhanced movement control order as well as phase one and phase two of the National Recovery Plan, which imposed strict conditions to resume construction activities.

       “The decline in the value of construction work done was also in line with the reduced production and imports of construction materials.

       “A quarter-on-quarter comparison also showed the value of construction work done contracted by -12.2% from the previous quarter,” he said.

       The three major construction subsectors, namely civil engineering, residential buildings, and non-residential each contracted by -29.7%, -24.9%, and -10.4%, respectively, compared with the same quarter last year.

       However, the special trades activities subsector bucked the trend, growing at 21% in the Q3 of 2021 as compared to the same quarter last year, said the department.

       In Q3 of 2021, Kelantan, Pahang, Penang, Sabah, and Terengganu were the five states that recorded positive growth in the value of construction work done driven by public infrastructure and non-residential projects.

       On the other hand, despite the value of construction work done growing negatively, Selangor recorded the highest value of construction work done with RM5.5bil or a share of 19.4%, followed by the Federal Territory and Sarawak with 16.7% and 12.8%, respectively.

       DOSM also reported that the value of construction work done was dominated by the civil engineering sub-sector since the fourth quarter of 2015, with a share of 40.7%.

       It said the private sector continued to drive construction activities with a share of 55.2% or RM13.7bil of the total value of construction work done, as compared to the public sector with 44.8% share (RM11.1bil). — Bernama

       


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关键词: construction work     contracted     activities     share     engineering     recorded     quarter     compared    
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