The Malaysian Construction Industry and Development Board (CIDB) was set up to enhance the quality and skills of the construction industry.
Over the years, CIDB had collected billions of dollars of levy from contractors (0.25% of contract sum for each contract exceeding $500,000), and include $250 from each worker who are required to be registered with CIDB.
However, over the two decades, what had been achieved is that CIDB has become a joint venture partner of some construction entities and are procuring projects in India and Sri Lanka. They are now scoping into Vietnam and Cambodia. But the industry is still plagued by poor quality, poor workmanship, poor safety and health environment and practices and project failures.
Over the years, CIDB had collected billions of dollars of levy from contractors (0.25% of contract sum for each contract exceeding $500,000), and include $250 from each worker who are required to be registered with CIDB.
However, over the two decades, what had been achieved is that CIDB has become a joint venture partner of some construction entities and are procuring projects in India and Sri Lanka. They are now scoping into Vietnam and Cambodia. But the industry is still plagued by poor quality, poor workmanship, poor safety and health environment and practices and project failures.
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