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Infrastructure development has always had strong correlation with a country's economic advancement. With the recently announced 12th iteration of the Malaysia Plan (2021-2025), the Malaysian government has allocated RM400 billion for existing and new developments. The plan details key focuses on its intended economic priorities which includes significant and strategic infrastructure developments that can carry growth potential for foreign investors in these unique and unprecedented times. Read more
Embracing the transition to renewable energy (RE) in order to reduce carbon emissions has been on the agenda for Malaysia. The Ministry of Science, Technology and Innovation has set an ambitious target for Malaysia to achieve 20% RE capacity in 2025, and Malaysia is also committed to its contribution to the RE target set by ASEAN, i.e. 35% RE capacity by 2025. Read more
We are pleased to share the second episode in our Construction Law Masters in Asia podcast series in which we welcome distinguished guests from the construction industry from across Asia to discuss their unique experiences and views of various aspects of construction law and practice. Read more
In recent years Vietnam has generated intense investor interest, attracting a ten-year high in 2019 of US$38 billion foreign direct investment, representing a year on year increase of 7.2%. The Vietnamese Government is targeting 5% growth for 2020, calling foreign investment a crucial factor. Read more
Even the most sophisticated contracts could not predict the uncertainty that the COVID-19 pandemic wrought on construction and infrastructure projects. These contracts even more so do not account for the “new normal” for when we emerge from the COVID-19 crisis. Read more
While Malaysia’s economic growth is anticipated to remain moderately slow for the remainder of 2020, the mix of tax incentives provided by the Malaysian government, modest valuations of targets, low cost of funds and the lower Ringgit will provide value for companies looking to make investments into the Malaysian market. Read more
