KUALA LUMPUR: Several local consortia are eyeing RM6.5 billion worth of state road projects in Rajasthan, India, as the industry pushes for internationalisation under the Construction Industry Transformation Programme (CITP).
Works Minister Datuk Seri Fadillah Yusof said the ministry, together with the Construction Industry Development Board (CIDB), hoped to secure projects under the programme, which had already surpassed its target for this year.
“As of the second quarter, the industry had secured 79 overseas projects worth RM2.7 billion. That surpassed the full-year target of RM2 billion. Our target for the duration of the CITP up to 2020 is RM8 billion.
“There are a few more projects that we are bidding for through CIDB, but we hope to secure one particular project in India.
“Hopefully, we will get good news from that project, as we have been invited to take part under the Swiss Challenge,” he said after chairing the CITP Ministerial Committee meeting, here, yesterday.
Fadillah added that the construction industry had achieved 96.5 per cent of its second quarter 2017 key performance indicators (KPIs) under the CITP.
He said the programme was set to achieve its KPIs and outcomes through strategic collaborations with key stakeholders, including the ministry, Public Works Department, Urban Wellbeing, Housing and Local Government Ministry, CIDB and private industry players.
“The construction industry plays a catalytic role in the growth of the Malaysian economy, and the CITP is the blueprint for the industry to become a safer, more modern, productive and sustainable sector.
“We are pleased that the industry is on the right track to reach the KPIs and outcomes set for 2020.
“Looking at CITP’s progress from January last year to June this year, we have achieved the Green (Way To Go) score of 96.5 per cent KPIs achieved,” he said.
The CITP Ministerial Committee was convened to review the progress of the CITP targets from January last year to June this year, and is responsible for charting the overall success of the CITP.
CITP 2016-2020 was launched by Prime Minister Datuk Seri Najib Razak, with the primary objective of transforming the construction sector towards becoming one that is highly productive, environmentally sustainable, on a par with globally competitive players and one that prioritises safety and quality standards.