Construction in Malaysia - Key Trends and Opportunities to 2018

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Jul 28, 2014, 03:21 ET

NEW YORK, July 28, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Construction in Malaysia – Key Trends and Opportunities to 2018

http://www.reportlinker.com/p01277447/Construction-in-Malaysia-–-Key-Trends-and-Opportunities-to-2018.html

Synopsis
This report provides detailed market analysis, information and insights into the Malaysian construction industry including:
- Malaysian construction industry's growth prospects by market, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within Malaysia
- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Malaysian construction industry
- Profiles of the leading operators in Malaysian construction industry.
- Data highlights of the largest construction projects in Malaysian

Summary
The Malaysian construction industry increased in value at a compound annual growth rate (CAGR) of 10.93% during the review period (2009?2013). Growth was supported by the country's economic development and an increase in investment opportunities in public infrastructure projects. Industry growth is expected to remain strong over the forecast period (2013?2018), driven by the government's increasing expenditure on public infrastructure and its rising interest in the construction of residential units to meet housing demand. Consequently, the industry is expected to record a forecast-period CAGR of 9.00%.

Scope
This report provides a comprehensive analysis of the construction industry in Malaysia. It provides:
- Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Malaysia using construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Detailed profiles of the leading construction companies in Malaysia

Reasons To Buy
- Identify and evaluate market opportunities using our 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 business strategies using Timetric's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors

Key Highlights
- The Malaysian construction industry peaked at an annual rate of 26.0% (in nominal terms) in 2012, after rebounding from the downturn in 2008 and registering respective growth rates of 2.9%, 1.3% and 5.7% in 2009, 2010 and 2011. The industry again entered decline in 2013, after recovering from the financial crisis, and posted a growth rate of 12.3%. However, the industry will recover due to affordable housing construction and planned infrastructural investments. Over the forecast period, residential construction activities are expected to improve relatively faster than non-residential activities. Public sector investments in energy, residential and transport infrastructure are expected to be the key drivers for industry growth over the forecast period.

- According to the Construction Industry Development Board Malaysia (CIDB Malaysia), the industry ? driven by government and private sector investments in low cost housing and infrastructure projects, particularly the Economic Transformation Programme (ETP) ? posted rapid growth during 2011–2012. During 2011?2013, the country secured a total of 195 projects worth MYR220.0 billion (US$70.0 billion) and is expected to secure projects worth MYR115.0 billion (US$36.6 billion) in 2014. In the first-three quarters of 2013, construction work for 4,253 projects worth MYR66.8 billion (US$21.3 billion) began, of which 76.0% involve private sector participation. According to CIDB Malaysia, private sector participation in projects will increase from 30.0% in 2013 to 50.0%, by the end of 2015. The current trend will therefore, support the growth of the Malaysian construction industry over the forecast period.

- Within the Malaysian residential construction market there was a strong demand for housing during the review period. According to The Global Property Guide Malaysia, the number of housing units sold was 18.7% in the third-quarter of 2013 as compared to 15.3% in the previous quarter and 12.5% in the third-quarter of 2012. Growth in the residential market was largely influenced by the increase in the number of housing units sold in line with the government efforts to help low- and middle-income earners.

- In October 2013, the Malaysian government announced its 2014 budget. The most money ? MYR54.6 billion (US$17.4 billion) or 21.0% of the total budget ? was allocated towards education. Under this plan, the government set aside MYR530.0 million (US$168.6 million) for preschool programs, MYR209.0 million (US$66.5 million) to enhance teacher training and language proficiency, MYR168.0 million (US$53.5 million) to increase internet access in rural areas, and MYR831.0 million (US$264.4 million) to build new schools and modernize existing ones. This will help support the growth of the educational buildings category over the forecast period.

- According to Bank Negara Malaysia – Malaysia's central bank ? the consumer sentiment index fell from 122.9 in the first-quarter of 2013 to 96.8 in the first-quarter of 2014, while the retail trade index fell from 101.0 in the first-quarter of 2013 to 86.3 in the first-quarter of 2014. A decline in consumer confidence means that developers will be cautious of investing in new retail buildings.

Table of Contents
1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutional Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: IJM Corporation Berhad
8.1 IJM Corporation Berhad – Company Overview
8.2 IJM Corporation Berhad – Business Description
8.3 IJM Corporation Berhad – Main Products and Services
8.4 IJM Corporation Berhad – History
8.5 IJM Corporation Berhad – Company Information
8.5.1 IJM Corporation Berhad – key competitors
8.5.2 IJM Corporation Berhad – key employees
9 Company Profile: Gamuda Berhad
9.1 Gamuda Berhad – Company Overview
9.2 Gamuda Berhad – Business Description
9.3 Gamuda Berhad – Main Services
9.4 Gamuda Berhad – History
9.5 Gamuda Berhad – Company Information
9.5.1 Gamuda Berhad – key competitors
9.5.2 Gamuda Berhad – key employees
10 Company Profile: Muhibbah Engineering (M) Bhd
10.1 Muhibbah Engineering (M) Bhd – Company Overview
10.2 Muhibbah Engineering (M) Bhd – Main Services
10.3 Muhibbah Engineering (M) Bhd – History
10.4 Muhibbah Engineering (M) Bhd – Company Information
10.4.1 Muhibbah Engineering (M) Bhd – key competitors
10.4.2 Muhibbah Engineering (M) Bhd – key employees
11 Company Profile: S P Setia Berhad
11.1 S P Setia Berhad – Company Overview
11.2 S P Setia Berhad – Business Description
11.3 S P Setia Berhad – Main Products and Services
11.4 S P Setia Berhad – History
11.5 S P Setia Berhad – Company Information
11.5.1 S P Setia Berhad – key competitors
11.5.2 S P Setia Berhad – key employees
12 Company Profile: WCT Holdings Berhad
12.1 WCT Holdings Berhad – Company Overview
12.2 WCT Holdings Berhad – Business Description
12.3 WCT Holdings Berhad – Main Services
12.4 WCT Holdings Berhad – History
12.5 WCT Holdings Berhad – Company Information
12.5.1 WCT Holdings Berhad – key competitors
12.5.2 WCT Holdings Berhad – key employees
13 Market Data Analysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutional Construction
13.5.1 Institutional construction output by project type
13.5.2 Institutional construction output by cost type
13.5.3 Institutional construction output by activity type
13.5.4 Institutional construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is this Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer

List of Tables

Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 – 1MDB/Mubadala – Tun Razak Exchange – Kuala Lumpur
Table 3: Commercial Construction Project 2 – MoT – Kota Kinabalu Integrated Eco Tourism Resort – Sabah
Table 4: Commercial Construction Project 3 – NLSB – Mall of Medini Development – Johor
Table 5: Industrial Construction Project 1 – MDC/1MDB – Sarawak Aluminum Smelter Plant – Malaysia
Table 6: Industrial Construction Project 2 – VMM – Teluk Rubiah Iron Ore Distribution Hub – Perak
Table 7: Industrial Construction Project 3 – SASB – Bintulu Aluminum Smelter Plant – Sarawak
Table 8: Infrastructure Construction Project 1 – SMP – The Strait of Malacca Crossing – Malaysia
Table 9: Infrastructure Construction Project 2 – SPAD – Kuala Lumpur to Singapore High Speed Rail Line – Malaysia
Table 10: Infrastructure Construction Project 3 – MRTC – Klang Valley Mass Rapid Transit System Line I – Malaysia
Table 11: Institutional Construction Project 1 – GoM/AMC – Perdana University Campus Development – Selangor
Table 12: Institutional Construction Project 2 – UMH – University Malaya Healthcare Metropolis – Selangor
Table 13: Institutional Construction Project 3 – MoH – Bukit Padang Government Hospital – Sabah
Table 14: Residential Construction Project 1 – IJMLD – Bandar Rimbayu Residential Development – Selangor
Table 15: Residential Construction Project 2 – EWD – EcoSpring Residential Development – Johor
Table 16: Residential Construction Project 3 – EKO – Setapak EB Gateway High-Rise Apartments – Kuala Lumpur
Table 17: IJM Corporation Berhad, Key Facts
Table 18: IJM Corporation Berhad, Main Products and Services
Table 19: IJM Corporation Berhad, History
Table 20: IJM Corporation Berhad, Key Employees
Table 21: Gamuda Berhad, Key Facts
Table 22: Gamuda Berhad, Main Services
Table 23: Gamuda Berhad, History
Table 24: Gamuda Berhad, Key Employees
Table 25: Muhibbah Engineering (M) Bhd, Key Facts
Table 26: Muhibbah Engineering (M) Bhd, Main Services
Table 27: Muhibbah Engineering (M) Bhd, History
Table 28: Muhibbah Engineering (M) Bhd, Key Employees
Table 29: S P Setia Berhad, Key Facts
Table 30: S P Setia Berhad, Main Products and Services
Table 31: S P Setia Berhad – History
Table 32: S P Setia Berhad, Key Employees
Table 33: WCT Holdings Berhad, Key Facts
Table 34: WCT Holdings Berhad, Main Services
Table 35: WCT Holdings Berhad – History
Table 36: WCT Holdings Berhad, Key Employees
Table 37: Malaysian Construction Output by Project Type (MYR Million), 2009–2013
Table 38: Malaysian Construction Output by Project Type (MYR Million), 2013–2018
Table 39: Malaysian Construction Output by Cost Type (MYR Million), 2009–2013
Table 40: Malaysian Construction Output by Cost Type (MYR Million), 2013–2018
Table 41: Malaysian Construction Output by Activity Type (MYR Million), 2009–2013
Table 42: Malaysian Construction Output by Activity Type (MYR Million), 2013–2018
Table 43: Malaysian Construction Value Add by Project Type (MYR Million), 2009–2013
Table 44: Malaysian Construction Value Add by Project Type (MYR Million), 2013–2018
Table 45: Malaysian Commercial Construction Output by Project Type (MYR Million), 2009–2013
Table 46: Malaysian Commercial Construction Output by Project Type (MYR Million), 2013–2018
Table 47: Malaysian Commercial Construction Output by Cost Type (MYR Million), 2009–2013
Table 48: Malaysian Commercial Construction Output by Cost Type (MYR Million), 2013–2018
Table 49: Malaysian Commercial Construction Output by Activity Type (MYR Million), 2009–2013
Table 50: Malaysian Commercial Construction Output by Activity Type (MYR Million), 2013–2018
Table 51: Malaysian Commercial Construction Value Add by Project Type (MYR Million), 2009–2013
Table 52: Malaysian Commercial Construction Value Add by Project Type (MYR Million), 2013–2018
Table 53: Malaysian Industrial Construction Output by Project Type (MYR Million), 2009–2013
Table 54: Malaysian Industrial Construction Output by Project Type (MYR Million), 2013–2018
Table 55: Malaysian Industrial Construction Output by Cost Type (MYR Million), 2009–2013
Table 56: Malaysian Industrial Construction Output by Cost Type (MYR Million), 2013–2018
Table 57: Malaysian Industrial Construction Output by Activity Type (MYR Million), 2009–2013
Table 58: Malaysian Industrial Construction Output by Activity Type (MYR Million), 2013–2018
Table 59: Malaysian Industrial Construction Value Add by Project Type (MYR Million), 2009–2013
Table 60: Malaysian Industrial Construction Value Add by Project Type (MYR Million), 2013–2018
Table 61: Malaysian Infrastructure Construction Output by Project Type (MYR Million), 2009–2013
Table 62: Malaysian Infrastructure Construction Output by Project Type (MYR Million), 2013–2018
Table 63: Malaysian Infrastructure Construction Output by Cost Type (MYR Million), 2009–2013
Table 64: Malaysian Infrastructure Construction Output by Cost Type (MYR Million), 2013–2018
Table 65: Malaysian Infrastructure Construction Output by Activity Type (MYR Million), 2009–2013
Table 66: Malaysian Infrastructure Construction Output by Activity Type (MYR Million), 2013–2018
Table 67: Malaysian Infrastructure Construction Value Add by Project Type (MYR Million), 2009–2013
Table 68: Malaysian Infrastructure Construction Value Add by Project Type (MYR Million), 2013–2018
Table 69: Malaysian Institutional Construction Output by Project Type (MYR Million), 2009–2013
Table 70: Malaysian Institutional Construction Output by Project Type (MYR Million), 2013–2018
Table 71: Malaysian Institutional Construction Output by Cost Type (MYR Million), 2009–2013
Table 72: Malaysian Institutional Construction Output by Cost Type (MYR Million), 2013–2018
Table 73: Malaysian Institutional Construction Output by Activity Type (MYR Million), 2009–2013
Table 74: Malaysian Institutional Construction Output by Activity Type (MYR Million), 2013–2018
Table 75: Malaysian Institutional Construction Value Add by Project Type (MYR Million), 2009–2013
Table 76: Malaysian Institutional Construction Value Add by Project Type (MYR Million), 2013–2018
Table 77: Malaysian Residential Construction Output by Project Type (MYR Million), 2009–2013
Table 78: Malaysian Residential Construction Output by Project Type (MYR Million), 2013–2018
Table 79: Malaysian Residential Construction Output by Cost Type (MYR Million), 2009–2013
Table 80: Malaysian Residential Construction Output by Cost Type (MYR Million), 2013–2018
Table 81: Malaysian Residential Construction Output by Activity Type (MYR Million), 2009–2013
Table 82: Malaysian Residential Construction Output by Activity Type (MYR Million), 2013–2018
Table 83: Malaysian Residential Construction Value Add by Project Type (MYR Million), 2009–2013
Table 84: Malaysian Residential Construction Value Add by Project Type (MYR Million), 2013–2018
Table 85: Timetric Construction Market Definitions

List of Figures

Figure 1: Growth Matrix for Construction Output in Malaysia (%), 2009–2018
Figure 2: Benchmarking with Other Major Construction Industries (%), 2009–2018
Figure 3: Malaysian Commercial Construction Output (US$ Million), 2009–2018
Figure 4: Malaysian Industrial Construction Output (US$ Million), 2009–2018
Figure 5: Malaysian Infrastructure Construction Output (US$ Million), 2009–2018
Figure 6: Malaysian Institutional Construction Output (US$ Million), 2009–2018
Figure 7: Malaysian Residential Construction Output (US$ Million), 2009–2018
Figure 8: Malaysian Construction Output by Project Type (MYR Million), 2009–2018
Figure 9: Malaysian Construction Output by Cost Type (MYR Million), 2009–2018
Figure 10: Malaysian Construction Output by Activity Type (MYR Million), 2009–2018
Figure 11: Malaysian Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 12: Malaysian Commercial Construction Output by Project Type (MYR Million), 2009–2018
Figure 13: Malaysian Commercial Construction Output by Cost Type (MYR Million), 2009–2018
Figure 14: Malaysian Commercial Construction Output by Activity Type (MYR Million), 2009–2018
Figure 15: Malaysian Commercial Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 16: Malaysian Industrial Construction Output by Project Type (MYR Million), 2009–2018
Figure 17: Malaysian Industrial Construction Output by Cost Type (MYR Million), 2009–2018
Figure 18: Malaysian Industrial Construction Output by Activity Type (MYR Million), 2009–2018
Figure 19: Malaysian Industrial Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 20: Malaysian Infrastructure Construction Output by Project Type (MYR Million), 2009–2018
Figure 21: Malaysian Infrastructure Construction Output by Cost Type (MYR Million), 2009–2018
Figure 22: Malaysian Infrastructure Construction Output by Activity Type (MYR Million), 2009–2018
Figure 23: Malaysian Infrastructure Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 24: Malaysian Institutional Construction Output by Project Type (MYR Million), 2009–2018
Figure 25: Malaysian Institutional Construction Output by Cost Type (MYR Million), 2009–2018
Figure 26: Malaysian Institutional Construction Output by Activity Type (MYR Million), 2009–2018
Figure 27: Malaysian Institutional Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 28: Malaysian Residential Construction Output by Project Type (MYR Million), 2009–2018
Figure 29: Malaysian Residential Construction Output by Cost Type (MYR Million), 2009–2018
Figure 30: Malaysian Residential Construction Output by Activity Type (MYR Million), 2009–2018
Figure 31: Malaysian Residential Construction Value Add by Project Type (MYR Million), 2009–2018

aFigure 1: Growth Matrix for Construction Output in Malaysia (%), 2009–2018
Figure 2: Benchmarking with Other Major Construction Industries (%), 2009–2018
Figure 3: Malaysian Commercial Construction Output (US$ Million), 2009–2018
Figure 4: Malaysian Industrial Construction Output (US$ Million), 2009–2018
Figure 5: Malaysian Infrastructure Construction Output (US$ Million), 2009–2018
Figure 6: Malaysian Institutional Construction Output (US$ Million), 2009–2018
Figure 7: Malaysian Residential Construction Output (US$ Million), 2009–2018
Figure 8: Malaysian Construction Output by Project Type (MYR Million), 2009–2018
Figure 9: Malaysian Construction Output by Cost Type (MYR Million), 2009–2018
Figure 10: Malaysian Construction Output by Activity Type (MYR Million), 2009–2018
Figure 11: Malaysian Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 12: Malaysian Commercial Construction Output by Project Type (MYR Million), 2009–2018
Figure 13: Malaysian Commercial Construction Output by Cost Type (MYR Million), 2009–2018
Figure 14: Malaysian Commercial Construction Output by Activity Type (MYR Million), 2009–2018
Figure 15: Malaysian Commercial Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 16: Malaysian Industrial Construction Output by Project Type (MYR Million), 2009–2018
Figure 17: Malaysian Industrial Construction Output by Cost Type (MYR Million), 2009–2018
Figure 18: Malaysian Industrial Construction Output by Activity Type (MYR Million), 2009–2018
Figure 19: Malaysian Industrial Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 20: Malaysian Infrastructure Construction Output by Project Type (MYR Million), 2009–2018
Figure 21: Malaysian Infrastructure Construction Output by Cost Type (MYR Million), 2009–2018
Figure 22: Malaysian Infrastructure Construction Output by Activity Type (MYR Million), 2009–2018
Figure 23: Malaysian Infrastructure Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 24: Malaysian Institutional Construction Output by Project Type (MYR Million), 2009–2018
Figure 25: Malaysian Institutional Construction Output by Cost Type (MYR Million), 2009–2018
Figure 26: Malaysian Institutional Construction Output by Activity Type (MYR Million), 2009–2018
Figure 27: Malaysian Institutional Construction Value Add by Project Type (MYR Million), 2009–2018
Figure 28: Malaysian Residential Construction Output by Project Type (MYR Million), 2009–2018
Figure 29: Malaysian Residential Construction Output by Cost Type (MYR Million), 2009–2018
Figure 30: Malaysian Residential Construction Output by Activity Type (MYR Million), 2009–2018
Figure 31: Malaysian Residential Construction Value Add by Project Type (MYR Million), 2009–2018