23 July 2019
MALAYSIA: Construction Permit Approval Time Cut from 390 Days to 90
The maximum time for a construction permit to be approved has been cut to 90 days, a considerable reduction from the somewhat lengthy 390-day limit that previously applied. The change, as announced by the Ministry of Economic Affairs, is set to be implemented with immediate effect.
The move is in line with recent commitments by Prime Minister Dr Mahathir Mohamad to streamline the construction sector’s approval processes. Ultimately, this is expected to lead to wider reductions in the amount of red tape would-be investors have to contend with.
The change is also expected to boost to the country’s struggling construction industry, with the sector having been hit hard by the indefinite postponement of several large-scale state-backed infrastructure projects. Among the highest profile of these is the long-mooted high-speed rail-link to neighbouring Singapore.