KUALA LUMPUR, Oct 21 (Bernama) — The cement industry is expected to see reasonable growth in the next two to three years on the support from the major government infrastructure development projects.
Minister of International Trade and Industry, Datuk Seri Mustapa Mohamed, said the construction sector recorded between five and six per cent growth for the past few years.
“Although demand for high-end residential units had softened, the government is continuously pushing to spur construction in the form of affordable housing, the Refinery and Petrochemical Integrated Development and Mass Rapid Transit projects, among others,” he told reporters at the 50th Anniversary of Cement and Concrete Association (C&CA) here Wednesday.
He said these projects were the major consumers of cement.
Mustapa said the prospects of the industry would continue to be good for cement and construction sector as a whole.
Meanwhile, C&CA Chairwoman, Datuk Yeoh Soo Keng, said the association hoped the...
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The Malaysia Automotive Institute (MAI) which was launched yesterday, 10 June 2010, will serve as a focal point and coordination centre for the development of the local automotive industry.
The institute was established based on the recommendations outlaid in theThird Industrial Master Plan (IMP3) 2006-2020 to assist and further enhance MITI’s support in developing the local industry. It would be a coordination centre for all matters related to automotive industry, including :
formulating national automotive policy,
managing manpower development programme,
formulating and coordinating automotive related research and development.
An independent non-profit organisation under MITI’s custodianship, MAI will have more focused and streamlined activities proposed for it under the 10th Malaysia Plan. MAI will focus on strategic research, with sub-functions covering market intelligence and outreach and capacity building that encompasses technology...