Here are the five largest construction projects initiated in Malaysia during Q3 2021, according to GlobalData’s construction projects database.
1. Bintulu Methanol Plant – $2,140m
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The project involves the construction of a methanol plant with a capacity of 1.7 million tonnes per annum on 40.4ha of land in Bintulu, Malaysia.
Construction work started in Q3 2021 and is expected to be completed in Q4 2023.
The aim of the project is to increase the production of methanol by using 140 million standard cubic feet per day of natural gas as feedstock, which is to be supplied by Petronas.
2. Centro @ JBCC – $200m
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By GlobalDataThe project involves the construction of three 35-story towers comprising 2,432 units on 1.9ha of land in Johor, Malaysia.
Construction work commenced in Q3 2021 and is expected to finish in Q2 2024.
The aim of the project is to provide new residential and office facilities in the region.
3. Kuching Multilayer Ceramic Capacitor Manufacturing Plant – $164m
The project involves the construction of a 68,900m2 ceramic capacitors manufacturing plant on 3.65ha of land in Kuching, Sarawak, Malaysia.
Construction work started in Q3 2021 and is forecast to complete in Q1 2023.
The project aims to meet the increasing demand for multilayer ceramic capacitors. It will create 2,000 jobs opportunities.
4. Nitrile Butadiene Latex Glove Manufacturing Plant – $150m
The project involves the construction of a nitrile butadiene latex glove manufacturing plant with a production capacity of 0.22 MTPA at Pengerang Integrated Complex (PIC) in Johor, Malaysia.
Construction work commenced in Q3 2021 and is expected to be completed in Q4 2023.
The project aims to meet the growing demand for the nitrile glove market and to strengthen Malaysia’s position as the largest exporter of gloves globally.
5. ALIX Residences – $123m
The project involves the construction of a 107,078m2 condominium complex comprising 364 units on 3.9ha of land in Dutamas, Kuala Lumpur, Malaysia.
Construction work started in Q3 2021 and is expected to be completed in Q4 2023.
The project aims to provide better residential and leisure facilities to meet the growing demand in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
