Market Report, "Malaysia Infrastructure Report Q4 2014", published

From: Fast Market Research, Inc.
Published: Thu Sep 11 2014

As expected the rebound in construction and infrastructure growth in Q114 was not sustained in Q214 and we continue to expect near-term construction and infrastructure growth to moderate from levels seen in 2013. This outlook is due to three factors: fiscal concerns that present financing risks for public-funded projects, waning investment from the private sector and a deflated project backlog.

Key Trends And Developments

* In May 2014, Kumpulan Europlus (KEB) announced that a consortium consisting of IJM and KEB was appointed by the government as the main EPC contractor for the MYR5.04bn West Coast Expressway (WCE) project. The project has 11 packages and IJM has been selected to complete Sections 3, 4, 5, 8 and 9 of the 233km WCE project for MYR2.83bn. The remaining packages of Sections 1, 2, 6, 7, 10 and 11, worth a combined MYR2.22bn is scheduled to be awarded on an open tender basis.
* In May 2014, national infrastructure company Syarikat Prasarana Negara completed the feasibility study to develop a third line for the Light Rapid Transit (LRT) system in Kuala Lumpur. The project involves the construction of a new LRT line from Bandar Utama in Damansara to Port Klang through Shah Alam. The third LRT line is expected to about 36km long and cost around MYR9bn to construct. The project is currently awaiting government approval and could start construction work in 2015.
* In May 2014, Malaysia's Land Public Transport Commission stated that it plans to complete Phase 2A of the project's feasibility study in 2014, including government-to-government engagement and agreement with Singapore. This announcement comes after Singapore's Land Transport Authority launched the tender to find consultants to conduct an engineering feasibility study for the Singapore leg of the Singapore-Kuala Lumpur high-speed railway project in April 2014.
* In May 2014, a joint venture (JV) comprising, Salcon Bhd, MMC Corp and Ahmad Zaki Resources, secured a MYR993.88mn...

Full Report Details at

The Malaysia Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Malaysia Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Malaysian infrastructure and construction industry.

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You may also be interested in these related reports:

- Singapore Infrastructure Report Q4 2014
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