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Construction Statistics, Second Quarter 2024
Economic Census 2023: Construction 13 May 2024
Construction Statistics, First Quarter 2024 13 February 2024
Construction Statistics, Fourth Quarter 2023 8 November 2023
Construction Statistics 9 August 2023
Construction Statistics 10 May 2023
Construction Statistics Show all release archives
Overview
The Construction sector soared by 20.2 per cent with the work done value amounting to RM38.9 billion in the second quarter of 2024
The
value of work done in the Construction sector amounted to RM38.9 billion in the
second quarter of 2024, which accelerated further by 20.2 per cent following a
14.2 per cent increase in the previous quarter. The growth
was spearheaded by the buoyant performance of the Civil engineering and
Residential buildings sub-sectors, which posted substantial double-digit
increases of 25.2 per cent and 19.7 per cent, respectively. Additionally, the
growth of this sector was further bolstered by a robust 44.9 per
cent (Q1 2024: 11.8%) expansion in the Special trade activities sub-sector. The
sub-sector of Non-residential buildings also gained momentum, expanding by 7.2
per cent.
Out of RM38.9 billion of work done value recorded in the second quarter of 2024, a total of RM15.2 billion or 39.0 per cent was attributed to the Civil engineering sub-sector, primarily in the activity of Construction of roads and railways (RM7.5 billion) and utility projects (RM5.6 billion). Meanwhile, the value of work done for Non-residential buildings and Residential buildings accounted for RM10.6 billion (27.4%) and RM8.8 billion (22.6%), respectively. Additionally, the Special trade activities accounted for RM4.3 billion (11.0%), largely in the Electrical installation; and Plumbing, heat and air-conditioning installation activities, both at RM1.1 billion.
The
private
sector remained the primary driver of growth in the Construction sector,
contributing RM23.6 billion or 60.8 per cent of the total value. The private
sector sustained its double-digit momentum with a 15.8 per cent growth (Q1
2024: 10.1%), propelled by strong performance in the Residential buildings
(19.9%) and the Special trade activities (46.0%) sub-sectors. Likewise, the
value of work done owned by the public sector registered a strong increase of
27.8 per cent (Q1 2024: 20.6%) to RM15.3 billion (share:
39.2%), which was primarily fuelled by
the Civil engineering sub-sector at a 23.8 per cent growth.
Nearly
59.0
per cent of the work done value was concentrated in Selangor, Johor, Sarawak
and Wilayah Persekutuan (Kuala Lumpur, Putrajaya and Labuan). The Construction
value in Selangor amounted to RM8.7 billion or 22.4 per
cent, contributed by the Civil engineering (RM3.0 billion), followed by
Residential buildings (RM2.5 billion) and Non-residential buildings (RM2.3
billion) sub-sectors. Meanwhile, Johor ranked second with a value of RM5.4
billion or 13.8 per cent, primarily in Civil engineering (RM1.9 billion) and
Non-residential buildings (RM1.8 billion) sub-sectors. In the meantime, the
value of work done in Sarawak was RM4.5 billion (11.7%), while Wilayah
Persekutuan recorded RM4.3 billion (11.2%).
Summarising the
performance of the Construction work done for the first half of 2024, the
sector posted a value of RM75.7 billion, reflecting a 17.2 per cent increase
compared to the same period in 2023 (Q1 2023 to Q2 2023: 8.7%). The better
performance was underpinned by expansion across all sub-sectors largely by
Civil engineering (25.0%); and Residential buildings (15.7%).
The full publication of the Construction Statistics Second Quarter 2024 can be downloaded through eStatistik portal.
Released
by:
DEPARTMENT OF STATISTICS MALAYSIA
12 August 2024
Press Statement
Technical Notes / Methodology
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