Property developer and construction industry to work with government to triumph against COVID-19.
The unprecedented global COVID-19 outbreak has changed the landscape of businesses all over the world and the Malaysian property development and construction industry have not been spared. Businesses in Malaysia are currently facing a very challenging time and have to manage uncertainties that have arisen resulting from the outbreak.
Master Builders Association Malaysia (MBAM) and the Real Estate and Housing Developers’ Association (REHDA) Malaysia truly appreciate the great efforts and sacrifices taken by the front liners namely our medical personnel, police, fire fighters, armed forces and other service workers who are risking their lives and working tirelessly to battle the pandemic in ensuring that Malaysia will be safe and continue to be sustainable after the pandemic is over.
The recent announcement by the Government to allow some construction activities to commence during Phase 3 of the Movement Control Order (MCO) will surely help the industry and its related 140 upstream and downstream industries. This is great news for developers and contractors including suppliers of construction materials and equipment, manufacturers, professionals and many more in the supply chain.
With regards to this, MBAM and REHDA Malaysia would like to express our deepest gratitude to the Government, specifically the Ministry of Works (KKR), Ministry of International Trade and Industry (MITI), Ministry of Housing and Local Government (KPKT) and the Construction Industry Development Board Malaysia (CIDB) for working closely with our respective Associations and listening to the plight of our members to get the industry operating again with the strict implementation of a specific Site Operating Procedures (SOP) to prevent the pandemic from spreading at construction sites.
We understand the various Government ministries and agencies have been working hard to present mitigation measures to lessen the impact of COVID-19 and have given due consideration to our various proposals such as the issues of foreign workers, cash flows, SOP of contractors and developers, and etc during this challenging period. Although there are teething problems, we are confident that should everyone play their part, together we will be able to face the challenges head on to minimise any adverse impact for the greater good of the industry and the Malaysian economy.
The industry pledges our commitment to continue working closely with all stakeholders not only to ensure safety at work but also prevent the disease from spreading and eventually triumph over it. We hope that the Government will continue to support the housing and construction industry with regular consultation sessions and continuous dialogues while we tackle this trying time together. This will help to reassure housing developers and construction firms about the Government’s recovery plan for the industry when the crisis is over.
The industry is a significant contributor to the nation’s economy where it employs about 1.4 million workers and paying salary of about RM40 billion yearly. As such, we truly hope that the Government will look positively at our request for further incentives in any of the Government’s stimulus package post MCO.