Malaysia Construction Report, H2 2024: Output to Expand by 7.4% in Real-terms this Year, Supported by Transport Infrastructure and Renewable Energy Investments - Forecasts to 2028 [Yahoo! ...
TENAGA NASIONAL BERHD ADR (TNABY)
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Source: Yahoo! Finance
and Utilities, Institutional and Residential Market Analysis to 2028 (Q3 2024)" report has been added to ResearchAndMarkets.com's offering. Malaysian construction industry to expand by 7.4% in real terms in 2024, supported by investments in transport infrastructure and renewable energy projects. According to the Department of Statistics Malaysia (DOSM), construction industry's value add grew by 14.6% year-on-year (YoY) in the first half of 2024, following an annual growth of 6.1% in 2023. In the first quarter of 2024, 1,257 investment projects totalling MYR83.7 billion ($18.4 billion) were approved by the government, according to the Malaysian Investment Development Authority (MIDA); this represents a Y-o-Y increase of 13% over the same period in 2023. During the same period, MYR36.7 billion ($8.1 billion) in domestic investments and MYR47 billion ($10.3 billion) in foreign investments (FI) accounted to the total investment. The Malaysian Ministry of Energy and Natural Resources
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