Malaysian economy stays resilient amid challenging enviroment


SapKen said the contract was for the procurement and construction of a 36 inch 18km sour gas pipeline linking two platforms in Ciudad del Carmen, Campeche, Mexico. It said that the scope of work comprises transportation and installation of pipelines, crossings, top side modifications and subsea works, including procurement and project management.

KUALA LUMPUR: The Malaysian economy remained resilient in the eye of the storm to maintain at least 4% growth for the first three quarters of 2016 despite a challenging global environment.

There are reasons to cheer as the country had weathered the dark clouds and maintained its economic momentum when other developed nations recorded lower growth rates of below one per cent with the risk of facing recession.

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