Malaysia’s outlook is surprisingly bright, despite global economic growth slowdown, and its economic growth is expected to surpass some Asean, European and North American countries, both this year and 2024 , according to Irhamy Valuers International CEO and founder Irhamy Ahmad (pix).
“We expect (gross domestic product) GDP growth to come in at 4.7% in Malaysia this year and our forecast for 2024 is 4.9%.
“One way we see this growth is through a 30% increase in valuation jobs for large construction machinery and factory equipment. Companies are replacing their machinery to increase productivity and accommodate demand growth, that is an excellent sign for the economy,” he said in a statement today.
Read more: The Sun daily , Bernama
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