Construction sector losing RM11.6 billion a month since MCO, says industry body | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Construction sector losing RM11.6 billion a month since MCO, says industry body

Master Builders Association Malaysia president Foo Chek Lee construction firms are operating at only 80% capacity. – The Malaysian Insight file pic, September 18, 2020.

THE construction industry in Malaysia has suffered up to RM11.6 billion in losses a month since the nationwide movement control order began on March 18. Master Builders Association Malaysia president Foo Chek Lee said that 29% of the losses was due to the unemployment of industry workers as construction projects had to be halted.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines