General Construction And Other Related Activities Companies in Malaysia

There are many construction and other related activities companies in Malaysia. Some of the more well-known companies include WCT Berhad, Gamuda Berhad, IJM Corporation Berhad, and Malaysian Resources Corporation Berhad. These companies are involved in a variety of construction-related activities, such as civil engineering, construction management, architecture, and quantity surveying.

Construction is a major industry in Malaysia, contributing significantly to the country's economy. The Malaysian construction industry is expected to grow at a compound annual growth rate of 6.4% from 2016 to 2021. This growth is driven by various factors, such as the government's commitment to infrastructure development, an increase in private sector investment, and a growing population.

The construction industry in Malaysia is highly regulated. The Construction Industry Development Board (CIDB) is the main regulatory body. It is responsible for issuing licenses to contractors, setting standards, and ensuring that construction projects are carried out in a safe and efficient manner.

Construction companies in Malaysia are required to have a valid license from the CIDB in order to operate. The license is classified according to the company's core business activities. For example, a company that is involved in civil engineering would be classified as a Class A contractor.