Construction In Malaysia – Key Trends And Opportunities To 2025

May 30, 2022

Summary

Global Data now expects Malaysias construction industry to record real growth of 9.2% in 2021, following a contraction of 19.4% in 2020. This compares to the previous forecasts of 11.2% growth for this year. The downward revision is primarily due to the implementation of a nationwide lockdown in June 2021, which affected construction activity. The construction industrys output is expected to be supported by the gradual economic recovery, a focus on completing large infrastructure projects and an increase of investment in industrial and energy projects. According to the Department of Statistics Malaysia (DOSM), the Malaysian construction industry expanded by 40.3% year on year (YoY) in the second quarter of 2021, preceded by a Y-o-Y decline of 10.4% in the previous quarter, supported by growth in specialized construction activities and building construction, offsetting the weakness in civil engineering construction works. However, construction activities were completely suspended in June 2021, and in some areas in July 2021, with only critical construction permitted during the lockdown period, causing the construction industry to experience an 8.8% quarter-on-quarter (Q-o-Q) decline in Q2 2021.

Global Data expects the construction industry to register an annual average growth rate of 6.8% between 2022 and 2025. Over the forecast period, growth will be driven by investment in transportation and energy projects. In September 2021, the government announced a plan to establish the Public Private Partnership (PPP) 3.0 model, as a specialized mechanism to fund infrastructure projects to stimulate economic growth in the 12th Malaysia plan between 2021-2025. In June 2021, the government unveiled its energy transition plans until 2040, aiming to increase the proportion of renewable energy in the total energy mix from 2% in 2019 to 31% by 2025, and 40% by 2035.

Over the forecast period, the industrys growth will also be supported by a recovery in economic conditions, coupled with investment in residential, industrial and water infrastructure projects. As part of the 12th Malaysia plan, the government announced its goal of developing 120 cities to achieve sustainable city status by 2025, by providing additional support to private sector projects implementing strategic development programmes. The government also intends to construct 500,000 affordable houses by 2025, as part of the 12th Malaysia Plan. In September 2021, the federal government approved the state government of Kelantans MYR25.8 billion (US$6.4 billion) water infrastructure project, assisting Kelantan and other states in enhancing water supply coverage and efficiency.

Global Datas Construction in Malaysia – Key Trends and Opportunities to 2025 (Q4 2021) report provides detailed market analysis, information, and insights into Malaysias construction industry, including –
– Malaysias construction industrys growth prospects by market, project type and construction activity
– Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Malaysias construction industry
– Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Browse Complete Report @ – Construction In Malaysia – Key Trends And Opportunities To 2025

Report Scope

This report provides a comprehensive analysis of the construction industry in Malaysia. It provides –

Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Malaysia, featuring details of key growth drivers.
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

Identify and evaluate market opportunities using GlobalDatas standardized valuation and forecasting methodologies.
Assess market growth potential at a micro-level with over 600 time-series data forecasts.
Understand the latest industry and market trends.
Formulate and validate strategy using GlobalDatas critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.

Table of Contents
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
- 1 Economic Performance
- 2 Political Environment and Policy
- 3 Demographics
- 4 COVID-19 Status
- 5 Risk Profile
4 Construction Outlook
- 1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
- 2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
- 3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
- 4 Infrastructure Construction
- Outlook
- project analytics
- Latest news and developments
- 5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
- 6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
- 7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
- 1 Contractors
- 2 Consultants
6 Construction Market Data
7 Appendix
- 1 What is this Report About?
- 2 Definitions
- 3 CRI Methodology
- 4 GlobalData Construction
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