(MENAFNEditorial)
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
- http://www.fastmr.com/prod/872647_malaysia_infrastructure_report_q4_2014.aspx?afid=101
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.
Key Benefits
* Benchmark BMI's independent infrastructure industry forecasts for Malaysia to test other views - a key input for successful budgetary and planning in the Malaysian infrastructure market.
* Target business opportunities and risks in the Malaysian infrastructure sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Malaysia.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI's key industry forecasts views and trend analysis covering infrastructure and construction regulatory changes major investments and projects and significant multinational and national company developments.
These are broken down into Construction (social commercial and residential) Transport (roads railways ports airports etc) and Energy & Utilities (powerplants renewable projects pipelines and so on).
Industry Trends
Analysis of latest projects across the infrastructure sector (covering the transport utilities and commercial construction sub-sectors) - including:
Market Overview:Analysis of the key elements driving developments including evaluations of current capacity and future requirements.
Building Materials Overview
The building materials overview provides industry trend analysis on the global and regional demands for building materials and the impact of this on the emerging and developed markets.
Business Environment Rankings
BMI's Infrastructure Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors (construction companies suppliers and partners) in the regional infrastructure market.
The rankings methodology makes sophisticated use of over 40 industry economic and demographic data point.
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the infrastructure and construction sectors and within the broader political economic and business environment.
BMI Industry & Economic Forecasts
Historic data series (2008-2012) and forecasts to end-2018 for all key industry and economic indicators supported by explicit assumptions plus analysis of key risks to the main forecast. Indicators include:
Construction: Industry value (US$bn); contribution to GDP (%); employment (`000); real growth (%).
Infrastructure: Value (US$bn); contribution to construction industry (%); real growth (%) of transport infrastructure (broken down by railways airports roads and bridges ports and harbours) and energy and utilities (broken down by power plants and transmission grids oil and gas pipelines and water infrastructure).
Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).
Company Profiles
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