Construx is essentially a brand with product & solution line-up that came about from a collaboration programme between Construction Industry Development Board (“CIDB”) Malaysia and Bayo Pay (M) Sdn Bhd (a licensed entity under BNM to issue Designated Payment Instrument under S.11 of the FSA 2013 and a principal member of Mastercard Asia/Pacific Pte.Ltd. and referred to as “Bayo”).
This initiative is part of the government effort to not only enhance the service delivery to stakeholders but to also digitalize and transform the construction industry in Malaysia.
Construx consists of a number of products designed to cater to different stakeholders under this programme; CIDB Construction Personnel Registration Card, Construx wallet and Portal as well as Construx Payroll. CIDB Construction Personnel Registration Card, Construx wallet and Portal are intended for the use of all the construction personnel accredited by CIDB Malaysia whilst Construx Payroll is intended for the use of the employers of the construction personnel i.e. construction companies that are registered with CIDB Malaysia.
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