Boston, MA -- (SBWIRE) -- 09/17/2014 -- Activity levels across Malaysia's different freight modes will grow between 2.0%-4.0% range in 2014, lagging somewhat the growth rates achieved by the wider economy and the foreign trade sector. However, as infrastructure investment plans are advancing, Malaysia will be gradually expanding its freight capacity.

BMI remains fairly bullish about the Malaysian economy. Growth is being driven by strong domestic demand and continuing reforms under the government's Economic Transformation Programme (ETP). GDP was up by 6.2% year-on-year (y-o-y) in the first quarter led by manufacturing, construction, and services. We are also encouraged by an increasing private sector share of gross fixed capital investment (especially strong in electrical and electronics sector output).

View Full Report Details and Table of Contents

Private consumption passed the 50% of GDP watershed in 2013 (reaching 51.2%) after having slumped to only 41.6% following the Asian economic crisis. We think it will continue rising, reflecting the government's successful efforts to free up the country's business environment. We are predicting 4.5% GDP growth in 2014, easing back to 4.2% in 2015. The slowdown will, in part, reflect limits on export growth posed by a stronger currency and weaker regional demand (particularly from China and Japan). We expect import growth (5.8%) to outstrip export growth (3.0%) this year.

Headline Industry Data

- The real value of Malaysia's total trade will rise by a predicted 4.4% in 2014, a rise on the 0.8% expansion experienced in 2013.
- Total cargo volume handled at Port Klang will rise by 0.3% to 199.54mn tonnes in 2014, while volume at the Port of Tanjung Pelepas will rise by a higher 3.0% to 126.36mn tonnes.
- Rail freight volume is projected to rise 2.2% to 13.612mn tonnes in 2014 and to average 3.7% annual growth in the five-year period to 2018.
- Airfreight volume is set to grow by 1.6% to 933,000 tonnes in 2014. Average growth in the next five years will be a slow but steady 1.5% per annum.

Key Industry...

The Malaysia Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Malaysia Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Malaysian freight transport and logistics industry.

Key Benefits

- Benchmark BMI's independent freight transport industry forecasts on Malaysia to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
- Target business opportunities and risks in the Malaysian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Malaysia.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).

Coverage

Executive Summary

Summary of BMI's key industry forecasts, views and trend analysis covering freight transport and logistics, regulatory changes, major investments and projects and significant national and multinational company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the freight sector and within the broader political, economic and business environment.

Industry Trends And Developments

Analysis of latest projects across the freight transport sector (road, rail, air, sea and logistics) including market overview which provides an outline of the key elements driving development.

BMI Industry Forecasts

Historic data series and forecasts to end-2017 for all key industry and macroeconomic indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Transport Sector: Sector Value (US$bn); sector real growth (%); employment (`000); total freight carried by road, rail, inland waterways, maritime, air and pipeline (mn tonnes-km/mn tonnes)

Trade: Exports and imports (US$mn) by category of goods (manufactured goods, food, chemicals etc.); top-5 import and export trade partners (US$mn); imports/exports to each global region (US$mn)

Port Data: Throughput (`000 tonnes) and container throughput (TEU) for all major ports in the state

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

- Belgium Freight Transport Report Q4 2014
- Hungary Freight Transport Report Q4 2014
- United Arab Emirates Freight Transport Report Q4 2014
- Philippines Freight Transport Report Q4 2014
- Vietnam Freight Transport Report Q4 2014
- Argentina Freight Transport Report Q4 2014
- Egypt Freight Transport Report Q4 2014
- Poland Freight Transport Report Q4 2014
- Australia Freight Transport Report Q4 2014
- South Korea Freight Transport Report Q3 2014