Construction Opportunities

An Expert's View about Sales in Malaysia

Last updated: 21 Mar 2011

The construction industry constitutes an important element of the Malaysian economy. Its strength and capability to host of economic sectors and supports to the social development of the country through the provision of basic infrastructure.

Sector briefing Construction Opportunities in Malaysia Why Malaysia? The construction industry constitutes an important element of the Malaysian economy. Its strength and capability to host of economic sectors and supports to the social development of the country through the provision of basic infrastructure. Although it accounted for only 3% of the GDP in 2010, the industry is critical to national wealth creation. It acts as a catalyst for and has multiplier effects to the economy and also enables other industries namely manufacturing, professional services, financial services, education. The construction industry also provides job opportunities for approximately 800,000 people, with over 68,000 registered contractors in the industry. ?Malaysian Construction Find general information on the Malaysia Industry?s gearing up towards market conditions on UKTI?s website. The Global Competitiveness; with Doing Business Guide for Malaysia gives an overview of Malaysia?s economy, business RM230bil allocation for high culture, potential opportunities and an impact projects through private introduction to other relevant issue. investments.? UK Trade & Investment Sector briefing: Construction opportunities in Malaysia Opportunities Therefore there are huge potential opportunities within the construction industry The overall building construction market will be th in Malaysia for UK companies who wish to further elevated by the 10 Malaysia Plan develop or expand their business in the region. (2011-2015). The Malaysian government Particularly, there are opportunities for British announced that RM230bil has been allocated expertise, supplies and collaborative initiatives for development, whereby 60% of it is for in the areas of infrastructure, environmentally- infrastructure. The government will intensify friendly and intelligent construction. the Public-Private Partnership (PPP) and several PPP projects identified under the 10MP Malaysian embarked on strategies to achieve will be implemented in 2011 through private ?developed nation? status that emphasises investment. Some of the projects are in more skills and technical training and human capital involvement from the private sector and development initiatives in the sector by 2020. investors to engage in public projects, such as construction and management of schools, Many projects in Malaysia have successfully hospitals and other community infrastructure. used British contractors and consultants. Examples are the KL International Airport, High impact projects identified for KLCC Twin Towers, Petronas University, power implementations are as follows; plants, oil & gas and petrochemicals plants, electrified twin tracking railway and urban light ? Develop of Kuala Lumpur International rail transport system, to name a few. Financial District (Valued at RM26 Bil) Successful British firms that have operated in ? Mass Rapid Transit (MRT) system (largest the market include Balfour Beatty, Mott infrastructure project estimate investment MacDonald, Hyder, Atkins, Arup, Turner & of RM36 Bil Townsend, Halcrow, Scott Wilson, EC Harris, ? Mixed development comprising residential, James R. Knowles, Tilbury Douglas, Bovis, commercial, industrial and infrastructure Berkeley Consulting and Powergen. facilities at the Malaysian Rubber Board?s land (valued at RM10 Bil If you have any questions on the opportunities ? The 100 storey skyscraper, ?Warisan above, contact the UKTI contacts named in this Merdeka? will be the tallest & biggest tower report. Business opportunities aimed in Malaysia valued at RM5bil targeted for specifically at UK companies are added daily to completion in 2015. UKTI?s website. These leads are sourced by our staff overseas in British Embassies, High Additionally, the Review of the 10MP states Commissions and Consulates, across all sectors that the development of the 5 regional growth and in over 100 markets. corridors in Malaysia. There are Iskandar Malaysia; Northern Corridor of Economic You can be alerted to business opportunities on Growth; East Coast Economic Region; Sabah a regular basis by registering on the UKTI Development Region and Sarawak Corridor of website Find out more on UKTI?s business Renewable Energy will incorporate the issues of opportunities service on the UKTI website. environment and sustainable development. In Malaysia, the awareness of sustainability issues in construction and the built environment is increasing. The Malaysian Government launched the ?Green Buildings Mission Campaign? with key government funding of approximately RM1.5bn and tax incentive have been allocated for developing green technology and promoting the construction for 2011-2015 Construction opportunities. Construction continues to be an essential element of the Malaysian economy, top 10 priorities for urgent needs for Green Building. Malaysia initiative of ?Going Global? will also encourage contractors to venture into the UK Market. UK Trade & Investment Sector briefing: Construction opportunities in Malaysia Major events and activities UKTI contacts Eco Build Ms Zak Grebe www.ecobuild.co.uk Trade & Investment Manager Biggest showcase of sustainable construction Construction, Property, Education and Skill products in the World British High Commission, Malaysia th Time: 20 ? 21nd March 2012, ExCel, London Tel: +603 2170 2224 Email: zakiah.grebe@fco.gov.uk Rail Solutions Asia 2011 www.ukti.gov.uk Regarded as the best railway show in Asia with www.ukinmalaysia.fco.gov.uk delegations from up to 10 Asian railway operators, who will attend the 8th Annual Congress of the Asian Railway Operators Association, Malaysia Time: 11 ? 13th May World Trade Centre, Kuala Lumpur Green Build Expo 2011 Provides training opportunities, renewable technologies, sustainable materials and legislation updates th th 29 -30 June 2011 at G-MEX Centre, Manchester Green Build Asia 2011 International Exhibition & Conference on Sustainability Building, Design & Construction nd th Time: 22 -24 November 2011 at Putra World Trade Centre, Kuala Lumpur. New export events are added daily to the site and you can register to be alerted to them on a daily, weekly or monthly basis. UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small & Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about UKTI support for attendance at overseas events. UK Trade & Investment Sector briefing: Construction opportunities in Malaysia ? Establishment of interest of such contacts in working with you Next steps - ? Arranging appointments How UKTI can help ? Organise seminars or other events for you to meet contacts and promote your British companies wishing to develop their company in the Malaysia market business in the Malaysia market are advised to undertake as much market research and This work is available via our Overseas Market planning as possible in the UK. UKTI?s team in Introduction Service (OMIS) a chargeable Malaysia, with its wide local knowledge and service which assists British-based companies experience, can provide a range of services to wishing to enter or expand their business in British-based companies wishing to grow their overseas markets. business in global markets. To find out more about commissioning this This can include: work, or accessing other UKTI services and ? Provision of market information specialist advice, please visit the UKTI website ? Validated lists of agents/distributors to find contact details for your local UKTI office ? Key market players or potential customers in the Malaysia market Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2011 by UK Trade & Investment. Crown Copyright 2011 © You may reuse this information (not including logos, images and case studies) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit www.nationalarchives.gov.uk/doc/open-government- licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gsi.gov.uk This publication is also available from our website at www.ukti.gov.uk or for more information please telephone +44 (0)20 7215 8000. UK Trade & Investment Sector briefing: Construction opportunities in Malaysia
Posted: 21 March 2011, last updated 21 March 2011

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