The construction, agriculture and mining sectors are expected to achieve positive growth during the 10th Malaysia Plan (2011-2015)period.
The construction sector is expected to grow by 4.4% per annum, benefitting primarily from the construction-related activities under the two fiscal stimulus packages. This growth was largely supported by the expansion in civil engineering, residential and non-residential, as well as the special trade works subsectors.
Under the 10th Plan, statistics relevant to construction include:
- GDP in 2015 is expected to be RM 740,250 million (2009 = RM 521,095 million).
- Construction GDP in 2015 is expected to be RM 21,818 million (2009 = RM 17,321 million).
- GDP is expected to grow at 6.0% per annum and construction GDP at 3.7% per annum.
Construction’s share to GDP is at 2.9%.
Malaysia’s population is estimated to grow at 1.1% (2011 – 2015) reaching to 29.8 million persons in 2015 (2010 = 28.3…
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