Construction Market in Malaysia 2015-2019
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Transcript of Construction Market in Malaysia 2015-2019
Construction Market in Malaysia 2015-2019
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Construction Market in Malaysia 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
For more information on theConstruction Market in
Malaysia 2015-2019,please mail us at
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Key Trends
Technavio’s Senior Analyst says, “The construction market in Malaysia is driven by several factors, one of them being government initiatives. The ETP was an initiative started by the government of Malaysia in 2010. It focuses on improving and developing the infrastructure sector. The ETP has identified 12 NKEAs including the oil, gas, and energy, and infrastructure sectors. Another major driver is the increase in investment in the construction sector.”
• The construction market in Malaysia is booming as the government is trying to bring it on par with the other emerging and developed countries in terms of infrastructure. Heavy investments are being made in the construction industry. The government has launched an ETP, which is focusing on improving the overall scenario of the entire Malaysian economy.
• Technavio's analysts forecast the construction market in Malaysia to grow at a CAGR of 8.92% during 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Construction Market in Malaysia 2015-2019
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Vendors
To understand the vendor landscape and for a full list of
vendors view our report:
Construction Market in Malaysia 2015-2019
Eversendai
Gamuda Berhad
WCT
Eversendai was established in 1993 and is headquartered in Selangor, Malaysia. The company undertakes various types of construction projects such as high rise buildings, bridges, and other commercial and industrial projects.
Gamuda was established in 1976 and is headquartered in Selangor, Malaysia. The company offers services in infrastructure and property development.
WCT was founded in 1981 and is headquartered in Shah Alam, Malaysia. The company is an investment holding company. It offers property development, property investment and management, civil engineering and construction services. It develops residential and commercial properties such as townships, high-rise residences, luxury homes, offices, shopping malls, mixed commercial developments and hotels.
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Market Landscape
• According to Technavio analysis, the construction market in Malaysia is expected to show high levels of development during the forecast period.
• There has been a significant growth in investment from the state level and private companies, which is estimated to grow further in the coming years.
• The ETP has been a major contributor toward the growth of this sector.
• Also, the high levels of investments have given construction companies the confidence to venture and participate in the construction of major projects in Malaysia.
• Tun Razak Exchange Centre, formerly known as KLIFD, is an example of the mega constructions in the market.
• It is expected to be one of the most livable financial districts of Asia. Being constructed in Kuala Lumpur district, it will contain office spaces, houses, and leisure points.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
Parameter Details
Cost-effectiveness
The private party should be able to deliver high-quality construction and maintenance services at affordable costs for the government. Proper management of time and resources by the vendor will help in delivering cost-effective services.
Risk Management Abilities
The lifecycle of construction projects generally stretches over many years. Any kind of unpredicted events related to financial, environmental, and political uncertainties should be managed by the contractor. Hence, past experience of managing risks in such large projects is often an added advantage for the bidding party.
Technical ExpertiseInfrastructure construction projects are technology-intensive. Hence, technical knowledge and experience of the expert pool available to the bidders are important selection criteria.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Construction Market in Malaysia 2015-2019
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