Payment issues in industrialized building system (IBS) projects in Malaysia: Towards a better approach

This paper therefore explores the risks associated with IBS uptake, the payment issues surrounding its projects in Malaysia, the way forward and to propose other payment method that suits Malaysia. Besides performing extensive literature reviews, expert opinion was also obtained by interviewing four (4) Malaysian construction industry practitioners from different supply chains of an IBS project with each of them possessing a minimum of 25 years of working experience.