High levels of private sector investment are expected to drive growth in Malaysia’s construction industry this year, with investors seeking opportunities in the regions of Johor, Sabah and Sarawak.
High levels of private sector investment are expected to drive growth in Malaysia’s construction industry this year, with investors seeking opportunities in the regions of Johor, Sabah and Sarawak.
Despite lower hydrocarbons earnings last year, Malaysia is moving forward with targeted energy investment and improved operational practices.
Investments to raise freight-handling capacity in Malaysia’s ports, supported by expanded land transport infrastructure, should greatly increase the capacity of the country’s logistics sector in the years to come, positioning it as a rival to regional centres such as Singapore.
Despite falling revenue from a weaker commodities market and concerns over political uncertainty, Malaysia’s economy maintained a steady growth rate in 2016, though expansion may come under pressure in the coming year.
A slight uptick in sales and new hires in Malaysia’s manufacturing sector indicates the country may be moving towards a rebound, though any recovery is likely to be muted, as rising costs and uncertainty over demand look set to curb growth rates.
Foreign appetite for Malaysian bonds has been increasing over the year, with international buyers moving into the market for government papers as investors seek higher returns and market stability.
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