Malaysia construction demand supported by data-center investment, AmInvestment says
AmInvestment Bank’s Tan Wai Wern says committed data-center investments could keep Malaysia construction demand supported, but higher Brent crude increases margin-pressure risk.
Malaysia's construction demand could stay underpinned by committed data-center investments, although the jump in Brent crude prices increases the risk of margin pressure, AmInvestment Bank's Tan Wai Wern said in a note. The analyst favors contractors with cost-recovery provisions and shorter project duration.