Sustained economic expansion, a youthful and growing population and an investor-friendly market amenable to foreign and domestic investments have continued to drive Malaysia’s real estate market forward in 2013. Despite concerns about market overheating and growing vacancies in some subsectors, property values have continued to climb in recent...
Spurred on by massive capital expenditure projects by both the government and the private sector in response to Malaysia’s strategic economic development plans, growth in the country’s construction sector has been outpacing GDP expansion in recent years. The government’s Economic Transformation Programme (ETP) and public-private partnership (...
Malaysia’s ports will benefit from continued expansion in 2014. This has been built not only on the back of the country’s overall economic growth but also flows from long-standing plans for development. New terminals and improved efficiency are now in the pipeline.
With 2013 seeing the government begin formulating a Logistics Sector Master Plan (LSMP), along with the reconstitution of the Malaysian Logistics Council (MLC), the sector is set to see major expansion in the years ahead. This is a welcome development for many, as Malaysia faces the task of boosting regional logistics integration ahead of the...
With fares slashed and more routes than ever before made available, 2013 was a year of major expansion for the Malaysian air transport sector. Passenger numbers surged, with Malaysia Airports Holdings reporting the fastest growth on record – at 18.4% – to a total of 79.6m arrivals. The number of planes in the air and the number of airlines in...
Situated at the heart of some of the world’s most important trade routes, Malaysia has long been a global transportation hub. In more recent years too, the country’s economy has undergone sustained growth, with the government’s declared aim that of pushing this further to achieve high-income country status by 2020. Key to meeting this goal is...
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