0
0
Home » Construction

Malaysia Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026

The Malaysia construction market size was valued at $27 billion in 2021. The market is projected to grow at an AAGR of more than 6% during 2023-2026. Over the forecast period, the industry’s growth will also be supported by a recovery in economic conditions, coupled with investment in residential, industrial, and water infrastructure projects.

The Malaysia construction market research report provides a detailed analysis of the Malaysian construction industry’s growth prospects by market, project type, and construction activity. It also provides critical insights into the impact of industry trends and issues as well as an analysis of key risks and opportunities in the construction industry. Moreover, it provides an analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Malaysia Construction Market Overview

Malaysia Construction Market Overview

To gain more information on the Malaysia construction market forecast, download a free report sample

What are the key sectors in the Malaysia construction market?

The key sectors in the Malaysia construction market are commercial construction, industrial construction, infrastructure construction, energy & utilities construction, institutional construction, and residential construction. 

Commercial Construction Market in Malaysia

The commercial construction sector is expected to grow in real terms in 2022. Growth will be supported by the gradual reopening of tourist destinations and increased expenditure on tourism and retail businesses.

Industrial Construction Market in Malaysia

The industrial construction sector is expected to expand in real terms in 2022, owing to an increase in domestic and foreign investment in the manufacturing sector. Improving business confidence is expected to further support the sector’s output over the forecast period.

Infrastructure Construction Market in Malaysia

The infrastructure sector is expected to benefit from the completion of large-scale transportation infrastructure projects, as well as the government’s emphasis on establishing the PPP 3.0 model.

Energy & Utilities Construction Market in Malaysia

The government’s goal of increasing the share of renewable energy in the total energy mix to more than 30% in 2025 and over 38 % in 2035 will underpin the sector’s output over the forecast period. An increase in investment in telecommunications, water infrastructure, and oil and gas projects will further support the sector’s output.

Institutional Construction Market in Malaysia

The institutional sector is expected to grow in 2022. Growth will be supported by the government’s focus on developing the education and healthcare sectors.

Residential Construction Market in Malaysia

The residential construction sector is expected to grow in real terms in 2022. Over the remainder of the forecast period, growth will be supported by Malaysia’s rising population, increasing urbanization, and government investment in affordable housing programs.

Malaysia Construction Market Analysis by Sectors

Malaysia Construction Market Analysis by Sectors

For more sector insights, download a free report sample

Who are the key contractors in the Malaysia construction market?

The key contractors in the Malaysia construction market are Gamuda Berhad, China Communications Construction Group Ltd, IJM Corporation Berhad, Malaysian Resources Corporation Berhad, WCT Holdings Bhd, China State Construction Engineering Corp. Ltd, Yayasan Pelaburan Bumiputra, KKB Engineering Bhd, Shin Yang Sdn Bhd, and George Kent.

Malaysia Construction Market Analysis by Contractors

Malaysia Construction Market Analysis by Contractors

To know more about key contractors, download a free report sample

Who are the key consultants in the Malaysia construction market?

The key consultants in the Malaysia construction market are HSS Group, GDP Architects Sdn Bhd, VERITAS Architects Sdn Bhd, CH&I Architecture Sdn Bhd, Temasek Holdings (Private) Ltd, ERE Consulting Group, Leonard Design Architects, Arup Group Ltd, Grimshaw Architects, and JA Project Consultant Sdn Bhd.

Malaysia Construction Market Analysis by Consultants

Malaysia Construction Market Analysis by Consultants

To know more about key consultants, download a free report sample

Market report scope

Market size (Year – 2021) $27 billion
Growth rate – AAGR (2023 – 2026)  >6%
Forecast period 2022-2026
Key sectors Commercial Construction, Industrial Construction, Infrastructure Construction, Energy & Utilities Construction, Institutional Construction, and Residential Construction
Key contractors Gamuda Berhad, China Communications Construction Group Ltd, IJM Corporation Berhad, Malaysian Resources Corporation Berhad, WCT Holdings Bhd, China State Construction Engineering Corp. Ltd, Yayasan Pelaburan Bumiputra, KKB Engineering Bhd, Shin Yang Sdn Bhd, and George Kent
Key consultants HSS Group, GDP Architects Sdn Bhd, VERITAS Architects Sdn Bhd, CH&I Architecture Sdn Bhd, Temasek Holdings (Private) Ltd, ERE Consulting Group, Leonard Design Architects, Arup Group Ltd, Grimshaw Architects, and JA Project Consultant Sdn Bhd

Scope

This report provides a comprehensive analysis of the construction industry in Malaysia. It provides –

  • Historical and forecast valuations of the construction industry in Malaysia, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy, and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

  • Identify and evaluate market opportunities using GlobalData’s 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 strategy using GlobalData’s critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 COVID-19 Status

3.5 Risk Profile

4 Construction Outlook

4.1 All Construction

– Outlook

– Latest news and developments

– Construction Projects Momentum Index

4.2 Commercial Construction

– Outlook

– Project analytics

– Latest news and developments

4.3 Industrial Construction

– Outlook

– Project analytics

– Latest news and developments

4.4 Infrastructure Construction

– Outlook

– Project analytics

– Latest news and developments

4.5 Energy and Utilities Construction

– Outlook

– Project analytics

– Latest news and developments

4.6 Institutional Construction

– Outlook

– Project analytics

– Latest news and developments

4.7 Residential Construction

– Outlook

– Project analytics

– Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

7.1 What is this Report About?

7.2 Definitions

7.3 CRI Methodology

7.4 GlobalData Construction

Contact Us

List of Tables

Table 1: Construction Industry Key Data

Table 2: Malaysia, Key Economic Indicators

Table 3: Malaysia, Commercial Construction Output by Project Type (Real % Change), 2017-26

Table 4: Malaysia, Top Commercial Construction Projects by Value

Table 5: Malaysia, Industrial Construction Output by Project Type (Real % Change), 2017-26

Table 6: Malaysia, Top Industrial Construction Projects by Value

Table 7: Malaysia, Infrastructure Construction Output by Project Type (Real % Change), 2017-26

Table 8: Malaysia, Top Infrastructure Construction Projects by Value

Table 9: Malaysia, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26

Table 10: Malaysia, Top Energy and Utilities Construction Projects by Value

Table 11: Malaysia, Institutional Construction Output by Project Type (Real % Change), 2017-26

Table 12: Malaysia, Top Institutional Construction Projects by Value

Table 13: Malaysia, Residential Construction Output by Project Type (Real % Change), 2017-26

Table 14: Malaysia, Top Residential Construction Projects by Value

Table 15: Malaysia, Key Contractors

Table 16: Malaysia, Key Consultants

Table 17: Malaysia, Construction Output Value (Real, $ Million)

Table 18: Malaysia, Construction Output Value (Nominal, MYR Million)

Table 19: GlobalData Construction Market Definitions

Table 20: Risk Dimensions

Table 21: Ratings, Scores and Definitions

List of Figures

Figure 1: South and South-East Asia, Construction Output (Real % Change), 2020-26

Figure 2: Malaysia, Construction Output by Sector (Real % Change), 2020-22 and 2023-26

Figure 3: Malaysia, COVID-19 Confirmed Cases

Figure 4: Malaysia, Risk Summary

Figure 5: Malaysia, Risk Regional Comparison

Figure 6: Malaysia, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26

Figure 7: Malaysia, Construction Output Value, by Sector (Real, $ Million), 2017-26

Figure 8: Malaysia, Construction Value Add, 2015 Constant Prices, in MYR Million

Figure 9: Malaysia, Value of Construction Work Done, % Change YoY

Figure 10: Malaysia, Gross Fixed Capital Formation, 2015 Constant Prices, in MYR Billion

Figure 11: Malaysia, Loans Disbursed for the Construction Sector, in MYR Million

Figure 12: Malaysia, Construction Projects Momentum Index

Figure 13: Region, Construction Projects Momentum Index

Figure 14: Malaysia, Commercial Construction Output by Project Type (Real, $ Million), 2017-26

Figure 15: Malaysia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 16: Malaysia, Tourist arrivals, in thousands

Figure 17: Malaysia, Wholesale and Retail Sales, % Change YoY

Figure 18: Malaysia, Construction Loans Disbursed for Wholesale and Retail Trade and Restaurants and Hotels, % Change Year-on-year

Figure 19: Malaysia, Industrial Construction Output by Project Type (Real, $ Million), 2017-26

Figure 20: Malaysia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 21: Malaysia, Manufacturing Value Add, 2015 Constant Prices, in MYR Million

Figure 22: Malaysia, Industrial and Manufacturing Production Indices, 2015=100, % Change YoY

Figure 23: Malaysia, Total Exports, in MYR Million

Figure 24: Malaysia, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26

Figure 25: Malaysia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)

Figure 26: Malaysia, Value of Civil engineering Construction Work Done, in MYR Million

Figure 27: Malaysia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26

Figure 28: Malaysia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)

Figure 29: Malaysia, Institutional Construction Output by Project Type (Real, $ Million), 2017-26

Figure 30: Malaysia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 31: Malaysia, Private Health Services Value Add, 2015 Constant Prices, in MYR Million

Figure 32: Malaysia, Private Education Services Value Add, 2015 Constant Prices, in MYR Million

Figure 33: Malaysia, Residential Construction Output by Project Type (Real, $ Million), 2017-26

Figure 34: Malaysia, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 35: Malaysia, Real Estate Value Add, 2015 Constant Prices, in MYR Million

Figure 36: Malaysia, Value of Residential Construction Work Done, in MYR Billion

Figure 37: Malaysia, Loans Disbursed for the Purchase of Residential Property, in MYR Million

Figure 38: Malaysia, Headquarters of Key Contractors (% of Total Project Pipeline)

Figure 39: Malaysia, Headquarters of Key Consultants (% of Total Project Pipeline)

Frequently Asked Questions

The construction market size in Malaysia was valued at $27 billion in 2021.

 

 

 

 

 

The construction market in Malaysia is projected to grow at an AAGR of more than 6% during the period 2023 to 2026.

The key sectors in the Malaysia construction market are commercial construction, industrial construction, infrastructure construction, energy & utilities construction, institutional construction, and residential construction.

The key contractors in the Malaysia construction market are Gamuda Berhad, China Communications Construction Group Ltd, IJM Corporation Berhad, Malaysian Resources Corporation Berhad, WCT Holdings Bhd, China State Construction Engineering Corp. Ltd, Yayasan Pelaburan Bumiputra, KKB Engineering Bhd, Shin Yang Sdn Bhd, and George Kent.

The key consultants in the Malaysia construction market are HSS Group, GDP Architects Sdn Bhd, VERITAS Architects Sdn Bhd, CH&I Architecture Sdn Bhd, Temasek Holdings (Private) Ltd, ERE Consulting Group, Leonard Design Architects, Arup Group Ltd, Grimshaw Architects, and JA Project Consultant Sdn Bhd.

    Pricing

Discounts available for multiple purchases.

reportstore@globaldata.com
+44 20 7947 2960

Join our mailing list

Saved reports