PRESIDENT MESSAGE
JANUARY 2025 PRESIDENT’S MESSAGE
OUTLOOK
As we step into 2025, I am excited to share that the Master Builders Association Malaysia (MBAM) remains committed to supporting our industry through strategic initiatives aligned with the nation’s current development plans. Although Budget 2025 did not include any new mega infrastructure projects, we see significant opportunities in the government’s focus on sustainable growth, urban rejuvenation, and digital transformation. Last year in 2024, there was RM199 billion worth of construction jobs awarded in Malaysia for both Government and private sector. The year 2025 is expected to be a busy year especially with the recent announcement of the RM8.32 billion worth of Penang LRT project awarded to Gamuda Berhad. However, with the challenges ahead in the middle east, the Russia-Ukraine War, trade tensions between the United States of America and China and expected various policy changes expected various policy changes locally that will impact the supply chain and material prices. We hope members will be prepared and be ready for this as contracting parties in order to avoid costly contractual disputes.
Vision
The Prime Mover and Recognized Voice of the Malaysian Construction Industry.
Mission
- 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 in the construction industry to facilitate members in achieving global competitiveness.
The Main objectives of the Association are:
- To promote and Co-ordinate the development of the construction industry.
- To Promote measures aimed at securing improvements pertaining to techniques, procedures and methods in the construction industry.
- To Organise training programmes, seminars, symposia, conferences, conventions, exhibitions and expositions related to the construction industry.
- To Identify and Study problems arising in the construction industry and to discuss and explore solutions with relevant Government authorities and professional institutions.
- To Seek representation on Committees set up by Government or non-Governmental organisations.
- To Protect the legitimate interest of members.
- To Encourage and Promote the practice of professionalism and harmonious working relationship.
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