MESSAGE FROM MBAM PRESIDENT, MR FOO CHEK LEE
The Prime Minister of Malaysia, Y.A.B Dato’ Sri Mohd Najib bin Tun Abdul Razak have recently tabled the Budget 2017 on 21st October 2016. With the Budget, the Government is trying to undertake a delicate balancing act between maintaining fiscal prudence, managing growth as well as the people’s well-being. The Budget estimated that Malaysia’s economy is to grow 4-5 per cent in 2017, led by construction at 8.3 per cent; and services at 5.7 per cent and manufacturing at 4.1 per cent. The total allocation for Budget 2017 is RM260.8 billion and this is an increase of 3.4 per cent from the revised Budget 2016.
The Association welcomes the priority given to people-centric projects such as affordable housing, rural housing, clean water and electricity facilities, hospitals and roads for the rakyat. MBAM also wishes to express our appreciation for the reduction in the corporate tax for small & medium industries (SME) which will ease the cost of doing business and for maintaining the GST rate at 6%.
The Prime Mover and The Recognized Voice of the Malaysian Construction Industry
- To provide a synergy of services to members for the betterment of the construction industry.
- To actively initiate, support and participate in programmes and activities that enhance professionalism, productivity and quality in the construction industry.
- To address issues related to the construction industry to facilitate members in achieving global competitiveness.
- To promote measures aimed at securing improvements pertaining to techniques, procedures & methods in the construction industry.
- To organize training programs, seminars, symposiums, conferences, conventions, exhibitions & expositions related to the construction industry.
- To identify and study problems arising in the construction industry and to discuss and explore solutions with the relevant government authorities and professional institutions.
- To seek representation on committees concerning the construction industry.
- To protect the legitimate interests of its members.
- To encourage and promote the practice of professionalism and harmonious working relationships.
The scope of the Master Builders Association Malaysia Quality System shall be defined as follows:-
For the provision of Trade Association Services for the Harmonisation, Development and Improvement of the Malaysian Construction Industry.
- Membership Services
- Government and Institutions
- Education and Training