Quarterly Construction Statistics, Fourth Quarter 2021

 

Quarterly Construction Statistics, ST4 2021 was published on 8 February 2022

The construction sector contracted by 12.9 per cent in the fourth quarter of 2021 with value of construction work done, RM27.6 billion

The value of construction work done in the fourth quarter 2021 recorded a growth -12.9 per cent  (Q3 2021: -21.0%) year-on-year basis, amounting to RM27.6 billion (Q3 2021: RM24.8 billion).

For the fourth quarter 2021, Special trades activities subsector recorded a growth of 22.5 per cent. However, the three major construction subsectors, namely Residential buildings, Non-residential buildings and Civil engineering each contracted -18.2 per cent, -7.1 per cent and -20.3 per cent respectively, as compared with the same quarter 2020.

The Department of Statistics Malaysia also reports that in the fourth quarter 2021, the Civil engineering subsector remained dominant as the main contributor to the value of construction work done with 36.3 per cent share. Non-residential buildings subsector contributed 29.3 per cent, Residential buildings (23.9%) and Special trades activities (10.5%).

The report also stated that the private sector continued to propel the construction activity with 58.7 per cent share of value of construction work done (RM16.2 billion) as compared to the public sector with 41.3 per cent share of value of construction work done (RM11.4 billion).

In 2021, the value of construction work done grew -5.0 per cent to RM112.0 billion as compared to  RM117.9  billion in 2020. All subsector recorded growth in the value of construction work done as follows: Special trades activities  subsector increased 35.8 per cent, Non-residential buildings (0.8%), Residential buildings (-9.3%) and Civil Engineering subsector (-12.1%).

The full publication of the Quarterly Construction Statistics, Fourth Quarter 2021 can be downloaded through eStatistik portal.