The government is actively considering the establishment of two dedicated regulatory authorities to oversee the construction industry, according to recent reports. This proposed framework aims to enhance oversight, enforce standards, and address longstanding governance gaps within the sector.
In a significant move to protect stakeholders, the proposed legislation also includes a mandatory three-year liability period for construction projects. This provision would hold developers and contractors accountable for structural defects and quality issues arising within three years of project completion, ensuring greater accountability and consumer protection.
Industry observers suggest the dual-authority structure could separate licensing and compliance functions from safety and quality enforcement, streamlining regulatory processes. If implemented, these reforms would represent a major shift in the regulatory landscape, aligning local practices with international standards for construction governance and risk management.
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