Building And Construction In Asia Pacific > Malaysia > Malaysia
Total construction work done in 2020 contracted 19.4% (compared to our estimated 17.9% decline), led by a 23.7% decline in civil engineering expenditure, and a 16% decline each in the residential and non-residential building sector. The construction sector is forecast to rebound 11.2% in 2021, partly from low-base effects and from the RM15 billion budget allocation this year to revive and sustain mega projects such as the Pan Borneo Highway, MRT 2, LRT 3, Johor Baru-Singapore Rapid Transit System Link.
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