New Report Available: Construction in Malaysia - Key Trends and Opportunities to 2019

From: Fast Market Research, Inc.
Published: Thu Jan 07 2016

Timetric's Construction in Malaysia - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Malaysian construction industry including:

* The Malaysian construction industry's growth prospects by market, project type and type of construction activity
* Analysis of equipment, material and service costs across each project type within Malaysia
* Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Malaysian construction industry
* Analyzing the profiles of the leading operators in the Malaysian construction industry.
* Data highlights of the largest construction projects in Malaysia

Report Highlights

* The Malaysian government aims to construct affordable housing in a bid to reduce the housing deficit. As part of its 2015 budget, the government announced a target of constructing 80,000 housing units under the 1Malaysia People housing program (PR1MA) for an investment of MYR1.3 billion (US$373.9 million). A population increase and urbanization are expected to raise demand for housing. Public and private sector investments are further expected to support residential construction market growth over the forecast period. KAJ Development Sdn Bhd is planning to construct a mixed-use complex on 246ha land in Malacca City. The project is expected to be complete by 2025. Sunway Bhd is undertaking the Sunway Iskandar Integrated Township project in Nusajaya, Johor. The project involves the construction of a mixed-use community on a 728ha of land and is expected to be complete by 2020.
* In its 2014 budget, the Malaysian government launched a new national education blueprint for 2013-2025, with the aim of making Malaysia the world's third-largest country by 2025 in terms of its education system. The education blueprint includes the development of two education cities - Kuala Lumpur Education City (KLEC) and EduCity at Iskandar. KLEC includes the construction of primary and secondary schools, and international and local universities on a 2,023,428m2 KLEC Academic Park, which will provide education to 30,000 people. EduCity will be built on a 1,214,057m2 campus and include the establishment of universities, an Olympic-sized swimming pool and a 14,000-seat stadium. This is expected to support construction activity in the institutional construction market over the forecast period.

Full Report Details at

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