866-997-4948(US-Canada Toll Free)

Construction in Malaysia-Key Trends and Opportunities to 2022

Published By :

Timetric

Published Date : Jan 2018

Category :

Construction

No. of Pages : 39 Pages

Synopsis
In real terms, the Malaysian construction industry registered positive growth during the review period (20132017), supported by large-scale investments under the governments 10th Malaysia Plan 20112015. Under this plan, the government invested MYR175.0 billion (US$44.8 billion) to develop the countrys overall infrastructure by implementing various projects in the transport, tourism, telecommunications, education, healthcare and retail sectors.

Over the forecast period (20182022), the industry is expected to expand, albeit at a relatively slow pace. The industrys expansion is expected to be supported by the governments ongoing efforts to promote economic growth through large-scale investments under the 11th Malaysia Plan (11MP) 20162020. This plan is part of the governments aim to achieve the status of a developed economy by 2020.

The industry is expected to remain vulnerable to fluctuating oil prices, as it heavily relies on oil sector revenues to finance infrastructure projects. The government is gradually taking measures to diversify the economy in order to reduce its dependence on the oil sector. The industrys output value in real terms recorded a compound annual growth rate (CAGR) of 8.73% during the review period, and is expected to post a forecast-period CAGR of 6.48%.


Summary
Timetrics Construction in Malaysia Key Trends and Opportunities to 2022 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 construction activity

Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Malaysian construction industry

Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline


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

Historical (2013-2017) and forecast (2018-2022) 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 Timetric's 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 Timetric's critical and actionable insight.

Assess business risks, including cost, regulatory and competitive pressures.

Evaluate competitive risk and success factors.

Key Highlights
According to Timetric, the infrastructure construction market is expected to maintain its leading share in the industry over the forecast period, to account for 33.0% of the industrys total value in 2022. In October 2017, the government allocated MYR5.0 billion (US$1.3 billion) for the construction of Lebuhraya Persisiran Pantai Barat highway between Banting in Selangor to Taiping in Perak. Additionally, the government announced plans to invest MYR230.0 million (US$60.2 million) to develop new central spine road project which will establish a link between Raub, Bentong, Gua Musang and Kampung Relong.

Under the 2018 budget, the government is focusing on the ongoing affordable housing initiatives. Accordingly, the government announced plans to develop 210,000 housing units under Perumahan Rakyat 1Malaysia Program, 25,000 housing units under the 1Malaysia Civil Servants Housing Program, 17,300 housing units under the People's Housing Program, 3,000 housing units under the People's Friendly Home Program, 2,000 housing units under the My Deposit Program and 600 housing units under the My Beautiful New Homes Program.

In line with the growing energy demand, in early 2017 the government announced plans to develop 12 new power plants in the country by 2023, with a total installed capacity of 9,171MW.

Timetric expects the industrial construction market to register a forecast-period CAGR of 7.33% in nominal terms, supported by the governments effort to transform the countrys manufacturing sector into a more diverse and high-value sector by 2020. Accordingly, the government aims to focus on the development of sub-sectors such as chemicals, machinery and equipment, and electronics.

In order to equip all the households with a broadband connection by 2020, the government launched High-Speed Broadband 2 (HSBB 2) and Suburban Broadband (SUBB) programs under the 11MP 20162020. As a part of the move, in the 2018 budget, the government allocated MYR1.0 billion (US$261.6 million) to develop internet infrastructure in the states of Sarawak and Sabah.

The CIC is tracking large-scale construction projects in Malaysia with a combined total value of MYR2.78 trillion (US$647 billion), 50% of which is in the execution stage. Foreign contractors are involved in projects with a value equivalent to 38% of the total project pipeline.
Table of Contents
1 Executive Summary
2 Construction Outlook: At-a-glance
3 Latest News and Indicators
4 Key Drivers and Risks
4.1 Economic Performance
4.2 Political Environment
4.3 Demographics
4.4 Risk Profile
5 Construction Outlook
5.1 Commercial Construction
5.1.1 Outlook
5.1.2 Project Analytics
5.2 Industrial Construction
5.2.1 Outlook
5.2.2 Project Analytics
5.3 Infrastructure Construction
5.3.1 Outlook
5.3.2 Project Analytics
5.4 Energy and Utilities Construction
5.4.1 Outlook
5.4.2 Project Analytics
5.5 Institutional Construction
5.5.1 Outlook
5.5.2 Project Analytics
5.6 Residential Construction
5.6.1 Outlook
5.6.2 Project Analytics
6 Key Industry Participants
6.1 Contractors
6.2 Consultants
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 About Timetric
7.4 Disclaimer

List of Tables
Table 1: Malaysia, Key Economic Indicators
Table 2: Malaysia, Construction Output Value (nominal, MYR Million)
Table 3: Malaysia, Construction Output Value (nominal, US$ Million)
Table 4: Malaysia, Top Commercial Construction Projects by Value
Table 5: Malaysia, Top Industrial Construction Projects by Value
Table 6: Malaysia, Top Infrastructure Construction Projects by Value
Table 7: Malaysia, Top Energy and Utilities Construction Projects by Value
Table 8: Malaysia, Top Institutional Construction Projects by Value
Table 9: Malaysia, Top Residential Construction Projects by Value
Table 10: Malaysia, Key Contractors
Table 11: Malaysia, Key Consultants
Table 12: Timetric Construction Market Definitions
Table 13: Construction Risk Index Ratings and Scores

List of Figures
Figure 1: Key Markets, Construction Output Growth Matrix
Figure 2: Malaysia, Construction Projects Pipeline by Sector (MYR Billion)
Figure 3: Malaysia, Total Value of Construction Works, (MYR Billion)
Figure 4: Malaysia, Construction Loans Applied and Disbursed, (MYR Billion)
Figure 5: Malaysia, Risk Comparison, Q4 2017
Figure 6: Malaysia, Risk Comparison Review
Figure 7: Malaysia, Construction Output Value (Real, US$ billion, 2010 prices and exchange rate)
Figure 8: Malaysia, Construction Output Value, Growth Matrix
Figure 9: Malaysia, Construction Output Value, by Sector (MYR Million), 20132022
Figure 10: Malaysia, Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Billion), 20182022
Figure 11: Malaysia, Construction Projects Pipeline, Value by Stage (MYR Billion)
Figure 12: Malaysia, Commercial Construction Output by Project Type (MYR Million), 20132022
Figure 13: Malaysia, Commercial Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 14: Malaysia, Commercial Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 15: Malaysia, Industrial Construction Output by Project Type (MYR Million), 20132022
Figure 16: Malaysia, Industrial Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 17: Malaysia, Industrial Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 18: Malaysia, Infrastructure Construction Output by Project Type (MYR Million), 20132022
Figure 19: Malaysia, Infrastructure Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 20: Malaysia, Infrastructure Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 21: Malaysia, Energy and Utilities Construction Output by Project Type (MYR Million), 20132022
Figure 22: Malaysia, Energy and Utilities Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 23: Malaysia, Energy and Utilities Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 24: Malaysia, Institutional Construction Output by Project Type (MYR Million), 20132022
Figure 25: Malaysia, Institutional Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 26: Malaysia, Institutional Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 27: Malaysia, Residential Construction Output by Project Type (MYR Million), 20132022
Figure 28: Malaysia, Residential Construction Projects Pipeline, Value by Stage (MYR Million)
Figure 29: Malaysia, Residential Construction Projects Pipeline, Projected Annual Spending by Stage (MYR Million)
Figure 30: Malaysia, Headquarters of Key Contractors (% of Project Pipeline)
Figure 31: Malaysia, Headquarters of Key Consultants (% of Project Pipeline)

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *