THE value of construction work done in the third quarter (Q3) of 2022 rose 23.2% to RM30.5 billion, compared with the same quarter of 2021 (Q2 2022: RM29.9 billion). 

In the Quarterly Construction Statistics, Third Quarter 2022, the Statistics Department (DOSM) said the expansion was driven by non-residential buildings (37.7%), special trade activities (32.2%), residential buildings (17.8%), and civil engineering (14.6%) subsectors. 

“In the third quarter of 2022, civil engineering remained the main contributor to the value of construction work done with a share of 37.9%, followed by non-residential buildings (30.4%), residential buildings (22.3%) and special trades activities (9.4%),” it added. 

DOSM also said the value of work done owned by the private sector soared 31.8% to RM18 billion, (Q2 2022: 14.8%) which contributed a share of 59%. 

The value of work done by the public sector increased 12.6% (Q2 2022: -4%). 

Selangor recorded the highest value of construction work done at RM6.9 billion, followed by the Federal Territories (RM5.3 billion) and Sarawak (RM3.6 billion), which collectively contributed 51.9%, or RM15.8 billion. 

The construction work done for the sum of three quarters of 2022 registered a value of RM89.9 billion, posting an increase of 6.6% compared with the same period in 2021 (3Qs 2021: -2.1%). – Bernama, November 8, 2022.