What has led to the rapid growth of Malaysia’s economy
What factors do real estate companies like Tabung Haji need to consider when designing commercial structures?
Before designing the commercial structure, the TH will classified the type of business opportunity and the industrial environment at a specific location whether it will create or not a demand for office rental. The physical condition of a specific location will determine the suitability of the commercial structure design. Building with a green certification will consume less energy and environmental impact will affect the operational cost to the TH in the future. The development of new city will give TH an opportunity to explore more on potential commercial structures as it will attract potential industrial investor/big local company thus create job opportunity and help to grow community based economy.
What has led to the rapid growth of Malaysia’s economy?
Transition of country dependency from agricultural and plantation based economy to economy based on manufacturing sector has led to a more-multi sector economy. The development policies made by government known as growth with equity give benefits to the economy and the people due to rise of investment from heavy industries and innovation that increase Malaysia exports. Hence, the Human Development Index of Malaysian such as life expectancy, the level of educational quality, and average will be boosted.
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