Kuala Lumpur (Malaysia Star) - WITH Malaysia having seen rapid development over the past 25 years that has resulted in infrastructure improvement, we now see skyscrapers and expressways linking major cities virtually juxtaposed to quaint old houses in Kuala Lumpur.

Given this scenario, Master Builders Association Malaysia (MBAM) president Datuk Goh Chye Koon agrees there is an overcapacity in the local construction scene, and that it is imperative for construction and property companies to look outside the country for "emptier" pastures.

"Yes, there is indeed over-capacity in the local scene, and local (construction) players would do well...

Full Story...

Posted by rjorr at May 29, 2006 12:20 AM