PRESIDENT MESSAGE
MAY 2025 PRESIDENT’S MESSAGE
TARIFF IMPACT ON CONTRACTORS
The high tariff imposed by the United States of America on China could cause Chinese manufacturers to seek alternative markets, potentially increasing competition for local manufacturers. At the same time, the weaker ringgit caused by the lower exports as a direct result of the higher tariffs on Malaysia will mean that contractors will have to pay more for the same amount of materials they import even from countries other than the United States of America. The construction industry must remain vigilant and adaptive, considering the 90-day pause is a temporary relief while the ongoing challenges posed by tariffs on key materials remain in force.
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.
Advertisement