NEWS & EVENTS

Construction sector to benefit from Budget 2018

The Budget 2018 proposals hold upsides for the construction with people-centric projects, such as affordable housing and infrastructure upgrades, as reported in The New Straits Times.

A total of RM280.25 billion has been allocated for Budget 2018, an increase of RM19.45 billion or 7.45 per cent compared to the RM260.8 billion in 2017. According to the 2017/2018 Economic Report, the construction industry is forecast to grow at 7.5 per cent, 0.1 per cent down from 2017, supported by on-going infrastructure projects.

Some of the announced infrastructure and spending allocation that will benefit the industry in 2018 include:

  • 240,600 units of Government housing under various public housing plans;
  • 10,000 units of Public Housing for Police staff;
  • Pan Borneo Highway (RM2 billion);
  • East Coast Rail Link (ECRL) project connecting Port Klang to Pengkalan Kubur;
  • Mass Rail Transit 2 (MRT2) project connecting Sungai Buloh, Klang and Putrajaya;
  • Central Spine Road Project (RM230 million);
  • Upgrade of Penang and Langkawi international airports and Sultan Ismail Petra, Mukah and Sandakan airports
  • Construction of roads in rural areas (RM934 million)
  • Women and Children Hospital in Putrajaya (RM1 billion)

In the area of sustainable development, RM5 billion has been allocated under the Green Technology Financing Scheme, and RM1.4 billion for a non-revenue water programme that aims to reduce water loss. This includes RM1.3 billion for the constuction of off-river storage as an alternative water storage and RM517 million for a flood mitigation programme.

“All the announced infrastructure spending will mean that the construction industry will require enough manpower to complete it on time and on budget,” said Master Builders Association Malaysia (MBAM) President Foo Chek Li. “There should be a realistic understanding that construction industry needs workers to fill in the demand-supply gap for manpower in the construction industry.”

Foo adds that MBAM hopes that the policy with regard to the employment of workers can be looked at in a holistic manner so that the aspiration of both the public and the private sector can be satisfied.

“However, MBAM appreciates the increase of budget for the Technical and Vocational Education and Training of RM4.9 billion, which will increase the number of local skilled workers, productivity and reduce the dependency on the foreign workers.” — Construction+ Online

 

ankara escort
london escorts
şehirler arası nakliyat manisa şehirler arası nakliyat Çanakkale şehirler arası nakliyat Balıkesir şehirler arası nakliyat şehirler arası nakliyat şehirler arası nakliyat Tuzcuoğlu nakliyat
العربية مع كبير الثدي مارس الجنس
watch sister fucking
cadouri valentines day 2024
Meet disabled singles in Coffee shops
pierde virginitatea
asian sex with doll
Sfaturi pentru alimentația sănătoasă
teen redhead threesome
istanbul evden eve nakliyat Eşya depolama Ev depolama
İngilizce Türkçe çeviri siteleri kullanıcıların metinleri veya belgeleri yükleyerek anında tercüme yapmalarını sağlayan platformlardır Genellikle temel çeviri ihtiyaçlarını karşılamak için kullanılır ve geniş bir kullanıcı kitlesine hizmet verir. Ancak, tam anlamıyla doğru ve dilbilgisine uygun çeviriler için profesyonel çeviri hizmetlerine başvurmak daha güvenilir olabilir. Bu siteler, hızlı ve pratik bir çözüm sunarken, özellikle hassas veya teknik metinlerin çevirisinde profesyonel bir çevirmenin becerileri ve deneyimi gerekebilir.ingilizceturkce.gen.tr
Spanish to English translation involves accurately conveying not only the words but also the meaning, tone, and cultural nuances of the original text. Skilled translators proficient in both Spanish and English are essential to ensure accurate and effective translations. They must have a deep understanding of both languages' grammar, vocabulary, and idiomatic expressions to deliver high-quality translations. Spanish to English translation is widely used in various fields, including business, literature, media, and international communication. It plays a vital role in enabling cross-cultural understanding and facilitating global interactions.spanishenglish.net