KUALA LUMPUR: The Master Builders Association Malaysia (MBAM) wants policymakers to further liberalise the import of all building materials and equipment to check unwarranted price hikes.
"The government must consider further liberalising importation of all building materials and equipment," said MBAM president Kwan Foh Kwai on Friday, June 17.
He said the government had to take steps to ensure increases in building material prices'' were reasonable.'' Increases in materials would lead to higher CONSTRUCTION [] costs, he added.
Kwan cautioned price increases could impact the projects and higher risk of failures, due to cost overruns and delays.
"The government must consider further liberalising importation of all building materials and equipment," said MBAM president Kwan Foh Kwai on Friday, June 17.
He said the government had to take steps to ensure increases in building material prices'' were reasonable.'' Increases in materials would lead to higher CONSTRUCTION [] costs, he added.
Kwan cautioned price increases could impact the projects and higher risk of failures, due to cost overruns and delays.
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