Market Research Report Malaysia Retail Building Market Research Report,Ma | Page 2
garages, hypermarkets, but are not limited to just them. Retail buildings,
however, exclude or do not sell foodservice facilities except in those situations in
which these facilities are some parts of larger developments in retail.
The retail construction market in Malaysia has been marked by various
fluctuations, both in terms of average annual growth rate and in terms of value, in
the recent years and this means that a certain uncertainty is looming over the
industry.
The report titled “Retail Buildings (Construction) in Malaysia: Market Analytics
by Category & Cost Type to 2021” provides an in-depth and detailed analysis of
the operating environment of the market. It can prove to be a vital tool for the
various active players in the construction sector value chain in Malaysia. It is also
substantially important for the new entrants in the market.
The activities of construction sector in Malaysia have been dominated by various
large-scale projects, both in the public and private domain, over the years. These
projects are largely driven by the efforts of the investors and of the Malaysian
government to successfully implement the five-year plans launched by the
government to propel the country into the league of the developed nations. The
11MP that is the 11 th Malaysian Plan, which covers the years of 2016-2020, has
put the spotlight on the construction sector among other economic areas, in
order to boost the infrastructure of the country and result in economic growth.
This plan is put under four main strategies and it calls for continuation of an
already in place “Construction Industry Transformation Programme” which is
considered to be separate from other such ones and is covering the five year
period in the purview of the 11 th Malaysian Plan.
This programme is expected to enable the industry to meet the ever increasing
market demands in Malaysia and push the construction industry of the nation
from the national to international playground and cumulatively help the retail
construction market nurture well in the coming years.
Topics Covered in The report
Global Retail Outlets Construction Market Research Report,