Malaysia Infrastructure Report Q4 2012 - New Market Research Report
BMI View: Although we had expected construction activity in Malaysia to recover in 2012, the sector's stellar performance in Q212 has exceeded our expectations, prompting us to revise up our full-year real growth forecast for 2012 to 11.5% (from a previous forecast of 6.2%). Looking ahead, we remain relatively bullish about the Malaysian construction sector over the coming quarters, but believe that it is unlikely for construction activity to grow at the blistering pace seen in H112. This outlook is...
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