Implementing environmental, social, and governance (ESG) in the construction sector is critical because the construction industry is the catalyst of any nation’s physical and economic development.

Construction Industry Development Board Malaysia (CIDB) chief executive officer Datuk Mohd Zaid Zakaria said the construction industry has a multiplier effect of 2.03 due to its connections to more than 120 different industries, of which 90% of the firms comprise small and medium enterprises.

“The construction sector serves almost all other industries, as all economic value creation occurs within or by means of the built environment,” he said in his keynote address at the International Construction Transformation Conference (ICTC) here on Tuesday.

Mohd Zaid said that according to the World Economic Forum (WEF), the construction sector accounts for about 6% of the global gross domestic product, and it is also the largest global consumer of raw materials and constructed objects, accounting for about 25% to 40% of the world’s total carbon emissions.

We would like to wish all our members, friends, and connections a Happy Deepavali!

Wishing everyone a Deepavali full of joy and prosperity.

On behalf of our education sector committee, we would like to share with our fellow members to help in participating in a survey to help understand the talent shortage that European companies in Malaysia are facing.

With a better understanding of both the educational level where you face a shortage of talents, as well as tangible knowledge of which soft and hard skills are lacking, we can communicate the specific needs to our collaboration partners and policymakers. Ministry of Higher Education, as well as several universities, and Malaysia Digital Economy Corporation (MDEC), have already expressed a great interest in the findings of this survey, and willingness to work with EUROCHAM Malaysia and the European companies to try and bridge the gaps.

The last part of the survey pertains to issues you may face with foreign workers and talents, as most companies are still dependent on recruiting expatriates. These results will be shared with our Human Resource Sector Committee.

On behalf of our fellow member JLL Property Services (M) Sdn Bhd we would like to extend an invitation to our members on the upcoming event co-organised by InvestKL and JLL – Green Horizons: Crafting the Workplace of Tomorrow.

The workplace as we knew it is a thing of the past, and we're all part of the transformation! Get ready to explore the new horizons where offices play a pivotal role in shaping the future of work.

Let's dive deep into the global ESG (Environmental, Social, and Governance) landscape, and witness how businesses worldwide are evolving their practices to tackle urgent environmental and societal challenges.

On behalf of our fellow bilateral chamber, Malaysian Spanish Chamber of Commerce & Industry – La Camara we would like to extend an invitation to all our members to participate in the upcoming Flavours of Spain!

FLAVOURS OF SPAIN IS BACK!

Spain is home to some of the best chefs and fine-dining restaurants, ranking every year within the top five countries with more Michelin-starred restaurants. Spanish gastronomic revolution in the last decade is a creative movement with deep implications in the perception of food and culinary arts, with a whole generation of Spanish chefs inspired by the geniality of Ferran Adriá.

On behalf of our fellow member Marlborough College Malaysia, we would like to extend an invitation to our members to the upcoming Admissions Open Morning.

Discover a world-renowned Marlborough College Education.

Date: Saturday, 18 November 2023

Time: 8:30 AM - 12 PM

Venue: Marlborough College Malaysia