Overview

The Construction sector continues to sustain its momentum with positive growth of 22.9 per cent, reaching RM41.1 billion in the third quarter of 2024

The value of work done in the Construction sector reached RM41.1 billion in the third quarter of 2024, marking a substantial growth of 22.9 per cent, an improvement from the 20.2 per cent recorded in the previous quarter. This growth momentum was primarily driven by a 42.6 per cent expansion in the Special trade activities sub-sector, which continues to demonstrate accelerated growth. Additionally, the Residential buildings and Non-residential buildings sub-sectors both gained the momentum by expanding 27.8 per cent and 27.7 per cent respectively. Meanwhile, the Civil engineering sub-sector also expanded at a more moderate pace, still contributed positively with a 12.0 per cent growth rate.

Of the RM41.1 billion in work done value recorded in the third quarter of 2024, RM15.2 billion or 36.9 per cent was attributed to the Civil engineering sub-sector, primarily in the Construction of roads and railways (RM6.8 billion) and utility projects (RM6.2 billion). Meanwhile, the value of work done for Non-residential buildings and Residential buildings was RM11.8 billion (28.6%) and RM9.4 billion (22.8%), respectively. The Special trade activities made up to RM4.8 billion (11.6%), largely in Sites preparation (RM1.3 billion); Electrical installation (RM1.2 billion); and Plumbing, heat and air-conditioning installation (RM1.0 billion) activities.

The private sector remained as the main impetus to the growth in this quarter, contributing RM26.1 billion or 63.5 per cent of the total value. The private sector soared with a 33.3 per cent growth (Q2 2024: 15.8%), propelled by strong performance in the Civil engineering (54.9%) and the Special trade activities (42.7%) sub-sectors. In contrast, the public sector, with a 36.5 per cent share valued at RM15.0 billion, recorded more moderate growth of 8.1 per cent (Q2 2024: 27.8%). The growth was fueled by Special trade activities (42.2%) and Non-residential buildings (36.6%) sub-sectors, contributing RM1.4 billion and RM2.5 billion, respectively.

Nearly 61.4 per cent of the work done value was concentrated in Selangor, Johor, Wilayah Persekutuan (Kuala Lumpur, Putrajaya and Labuan) and Sarawak. The Construction work done value in Selangor amounted to RM9.3 billion or 22.7 per cent, driven by Civil engineering (RM2.8 billion), and both Residential buildings and Non-residential buildings at RM2.7 billion. Meanwhile, Johor ranked second with a value of RM6.9 billion or 16.9 per cent, primarily in Non-residential buildings (RM2.6 billion) and Civil engineering (RM2.2 billion) sub-sectors. In addition, the work done value in Wilayah Persekutuan was RM4.6 billion (11.3%) while Sarawak recorded RM4.3 billion (10.5%).

Summarizing the performance of construction work done for the first three quarters of 2024, the sector registered a total value of RM116.8 billion, reflecting a 19.1 per cent increase compared to the same period in 2023 (Q1 to Q3 2023: 9.0%). This positive growth was largely driven by a strong contribution from Civil engineering activities, which expanded by 20.3 per cent.

The full publication of the Construction Statistics Third Quarter 2024 can be downloaded through eStatistik portal.

Released by:

DEPARTMENT OF STATISTICS MALAYSIA

11 November 2024

For interviews, press statement and clarification to the media, contact:

Baharudin Mohamad

Public Relation Officer

Email: baharudin[at]dosm.gov.my

Phone: 03 8885 7942

Not found what you looking for? Request data from us, through

Go to eStatistik

email to data[at]dosm.gov.my

call 03 8885 7128 (data request)