Importance Of Construction Industry In Malaysia Economy

Malaysian construction industry sector covers the aspects of the planning design conservation demolition and repairing various types of buildings and all types of mechanical and civil engineering works other field work involved ofori 1990.

Importance of construction industry in malaysia economy. Construction is an important sector that contributes greatly in the economic growth of a nation. The importance of the construction sector is not only related to its size but also to its role in economic growth. But more importantly there wouldn t be any offices factories or shops. From 1991 to 2010 malaysian construction sector suffered two economic crises.

The construction industry is an investment led sector where government shows high interest. Economic construction industry is different from other. The construction industry represents the building blocks of a community. An industry sector this big could not but have an impact on the economy.

In relation to the importance of the construction sector in both national and world economies current knowledge of it is poor. Government contracts with construction industry to develop infrastructure related to health transport as well as education sector. Without the industry we won t have any schools hospitals or even homes.