KUALA LUMPUR (Oct 20): Construction Industry Development Board’s (CIDB) subsidiary Construction Research Institute of Malaysia (Cream) has secured a RM1 million research grant from YTL Cement.
In a recent joint statement, Cream and YTL said the grant is a follow-up to the Memorandum of Understanding (MOU) between the two organisations in April this year, highlighting their shared mission to achieve construction excellence and support of the industry transition to sustainable construction.
Cream and YTL Cement signed an MOU to develop the construction industry’s workforce, research and innovation, as well as enhance the understanding and adoption of sustainable construction practices among industry players.
Datuk Seri Michael Yeoh, managing director of YTL Cement and co-chair of the MOU steering committee, said the RM1 million research grant reflects the building materials group’s dedication to supporting Cream’s efforts in promoting industry growth with well-trained personnel, championing research and development and advancing sustainable construction practices.
Datuk Sr Mohd Zaid Zakaria, chief executive of CIDB and co-chair of the steering committee said while CIDB has been championing a socially and environmentally responsible construction industry in Malaysia, it cannot do so alone, as partnerships with industry stakeholders and key players are paramount in making the sustainable transition a reality.
“The collaboration between YTL Cement and Cream represents a significant stride towards reshaping the construction industry as their efforts are crucial to accelerating change among construction industry players,” he said.
Meanwhile, Cream chief executive officer Ir M Ramuseren said YTL Cement’s research grant will play a significant role in further empowering its research capabilities and efforts to meet the evolving demands of Malaysia’s construction industry.
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Source: EdgeProp.my
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