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Home Home Bulletin The Malaysian Construction Industry - The Present Dilemmas of Unpaid Contractors

The Malaysian Construction Industry - The Present Dilemmas of Unpaid Contractors

By Lim Chong Fong, BS(Bldg) Hons (NUS), MRICS, MISM, MCIOB, MCIArb, LLB Hons (Lond), CLP, Barrister at Law
 
he construction industry is an important cog in the wheel propelling the Malaysian economy. The market size of the industry is RM43billion based on the value of gross output in 2004. The industry then provides work for many ranging from professionals such as architects, engineers and surveyors to main contractors, sub contractors,
suppliers and ultimately manual labourers who are employed by these contractors. The industry works and will only continue to work on the premise that these people
are paid for work and services that have been properly rendered. The quantum of payment for work and services rendered are often huge in the thousands, if not in the millions of Ringgit.