Malaysia Infrastructure Report Q3 2009

Executive Summary ....6
Market Overview .................................. 7
Malaysia ......... 7
Global Overview................................... 8
Governments To The Rescue: The Global Surge In Infrastructure Spending...... 8
Table: Infrastructure Stimulus Plans List, 2009-2010 (US$bn) .......................... 9
SWOT Analysis..........15
Malaysia Infrastructure SWOT...... 15
Malaysia Political SWOT .............. 16
Malaysia Economic SWOT ............ 17
Malaysia Business Environment SWOT.......................... 18
Major Infrastructure Developments And Key Projects.............19
Transport Infrastructure Overview..... 19
New And Ongoing Projects................. 20
Airports......... 20
Ports ............. 21
Roads............ 21
Railways ....... 23
Energy And Utilities Infrastructure Overview...................... 25
Primary Energy Demand ............... 25
Meeting Future Demand................ 26
New And Ongoing Projects................. 27
Power Plants and Transmission Grids............................ 27
Oil and Gas Pipelines.................... 29
Water ............ 29
Construction Overview ....................... 31
New And Ongoing Projects................. 31
Residential Construction................ 31
Commercial Construction.............. 32
Industrial Construction.................. 33
Tourism Construction .................... 33
Major Projects.................................... 34
Table: Malaysia – Major Infrastructure Projects – Transport......................... 34
Table: Malaysia Major Infrastructure Projects – Utilities............................... 35
Table: Malaysia Major Infrastructure Projects – Construction....................... 36
Table: Economic And Construction Data ....................... 37
BMI Forecasts .................................... 37
Risks ............. 38
Business Environment ..............................39
Asia Pacific Infrastructure Business Environment Ratings................................... 39
Regional Infrastructure Business Environment Ratings................................... 42
Limits Of Potential Returns............ 43
Risk To The Realisation Of Potential Returns................. 43
Project Finance Ratings: Outlook For Asia Pacific............. 44
Table: Design And Construction Rating ......................... 47
Table: Commissioning And Operating Rating ................ 48
Table: Overall Project Finance Rating........................... 50
Foreign Direct Investment .................. 51
Labour Force...................................... 52
Legal Framework................................ 53
Tax Regime ........ 54
Macroeconomic Outlook ............................55
Table: Malaysia - Economic Activity .............................. 57
Political Outlook........58
Company Monitor......62
Table: Malaysia – Key Players...... 62
Company Profiles......63
IJM Corp ...... 63
Gamuda ........ 65
WCT Berhad .................................. 67
Country Snapshot: Malaysia Demographic Data......................69
Section 1: Population.......................... 69
Table: Demographic Indicators, 2005-2030................... 69
Table: Rural/Urban Breakdown, 2005-2030 .................. 70
Section 2: Education And Healthcare .................................. 70
Table: Education, 2000-2003 ........ 70
Table: Vital Statistics, 2005-2030................................... 70
Section 3: Labour Market And Spending Power .................. 71
Table: Employment Indicators, 2001-2006..................... 71
Table: Consumer Expenditure, 2000-2012 (US$) ........... 71
Table: Average Annual Manufacturing Wages, 2000-2012 ............................. 72
BMI Forecast Forecast Modelling ......73
How We Generate Our Industry Forecasts .......................... 73
Construction Industry ......................... 74
Sources .............. 74
Business Environment Ratings............ 75
Ratings Overview................................ 75
Table: Infrastructure Business Environment Indicators .................................. 76
Project Finance Ratings Methodology................................. 77
Design & Construction Phase........ 78
Historical Data & Forecasts.......... 79
Commissioning and Operating Phase- Commercial Construction................... 79
Commissioning and Operating Phase - Energy and Utilities........................... 81
Commissioning and Operating Phase –Transport .......... 83