Chinese developers will continue to invest in rail and port infrastructure to enhance Malaysia’s connectivity with the mainland
Malaysia is expected to see an increase in capital inflow from Chinese investments in 2018 as major infrastructure projects related to the Belt and Road Initiative continue to attract more developers from the mainland to the country, the Malaysian Reserve has reported referring to the statement from real estate consultancy firm Knight Frank.
Sarkunan Subramaniam, managing director at Knight Frank Malaysia, informed the Malaysian Reserve that state-owned companies in the mainland are making more investments in port and rail infrastructure in Malaysia in order to enhance the country’s connectivity with China. According to the latest report published by Knight Frank, Chinese investment in Malaysia’s real estate sector from September 2013 to October 2017 amounted to US$2.37 billion, making the country the sixth greatest beneficiary of the Belt and Road Initiative.
Meanwhile, Allan Sim, capital markets ED at Knight Frank, has predicted that industrial and mixed-used assets will be buoyed by the rising interests from Chinese manufacturers that are planning to set up production facilities in Malaysia.
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