Civil Engineering Work Drives Sector Growth
Civil Engineering Work Drives Sector Growth
Malaysia's construction sector witnessed a significant boost in the second quarter of 2024, with the value of work done soaring by 20.2 per cent to RM38.9 billion. This remarkable growth was primarily driven by the strong performance of the civil engineering and residential buildings sub-sectors, according to the latest data.
馬來西亞的建築業在2024年第二季度實現了顯著增長,已完成工作的價值飆升了20.2%,至389令吉。最新數據顯示,這一顯著增長主要是由土木工程和住宅建築子行業的強勁表現推動的。
The construction output, which measures the value of completed work, recorded a year-on-year surge of 20.2% in Q2 2024, compared to a 14.2% increase in the previous quarter. This marks the sharpest rise in seven quarters, underscoring the sector's robust recovery and growth trajectory.
衡量已完成工程價值的建築業產出在2024年第二季度同比增長20.2%,而上一季度增長了14.2%。這標誌着七個季度以來的最大漲幅,凸顯了該行業強勁的復甦和增長軌跡。
Civil engineering, which constituted 39.0% of the total output, experienced a remarkable increase of 25.2% year-on-year, the fastest growth in four years. The residential buildings sub-sector also showed strong momentum, advancing by 19.7% year-on-year, approaching a decade-high performance. Additionally, non-residential construction work rose for the second consecutive quarter, up by 7.2% year-on-year.
土木工程佔總產出的39.0%,同比顯著增長25.2%,是四年來最快的增長。住宅建築子行業也表現出強勁的勢頭,同比增長19.7%,接近十年來的最高表現。此外,非住宅建築工程連續第二個季度增長,同比增長7.2%。
Special trade activities within the sector registered an impressive growth of 44.9% year-on-year, the fastest in three years, reflecting a surge in demand for specialised construction services.
該行業內的特殊貿易活動同比增長44.9%,爲三年來最快的增長,這反映了對專業建築服務的需求激增。
Private sector projects, which accounted for 60.8% of the total construction work, saw a 15.8% increase in work completed, marking the highest growth in a year. Government construction projects also recorded significant growth, with a 17.4% rise, the fastest in three years. Meanwhile, public corporations continued their streak of double-digit growth for the fourth consecutive quarter, with work done rising by 40.0% year-on-year.
私營部門項目佔總建築工程的60.8%,完成的工程量增長了15.8%,創下了一年來的最高增長。政府建築項目也實現了顯著增長,增長了17.4%,是三年來最快的。同時,上市公司連續第四個季度繼續保持兩位數的增長,完成的工作量同比增長40.0%。
Overall, construction output for the first half of 2024 rose by 17.2% year-on-year, significantly outpacing the 8.7% growth recorded in the same period last year.
總體而言,2024年上半年的建築業產出同比增長17.2%,大大超過了去年同期8.7%的增長。
譯文內容由第三人軟體翻譯。