China boosts Malaysian construction

By Global Times – Xinhua Source:Global Times - Xinhua Published: 2017/8/17 22:23:40

Chinese investment could boost the Malaysian construction industry as billions of dollars worth of China-funded projects are under way in the country, according to a report on Thursday.

BMI Research, a Fitch group company, has upgraded its five-year forecast for Malaysia's construction industry, due to a rise in public, private and foreign investment in infrastructure, especially from China.

Malaysia has more than 83 projects that have been planned or are under construction, which have a total value of $100 billion and are backed by investment from Chinese companies.



Posted in: INDUSTRIES

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