Malaysia Machinery and Equipment Tenders

Malaysia's M&E market is on the rise, driven by its strong manufacturing and infrastructure development. The market size reached US$11.72 billion in 2023 and is projected to grow at a 4.96% CAGR until 2028.

Government procurement is a significant driver of the M&E market, with an estimated US$1.5 billion allocated annually. This spending reinforces the government's focus on industrial growth and technological advancement.

Key M&E products procured by the government include power generation equipment, metalworking machinery, specialized-process equipment for specific industries, general industrial M&E, and modules and industrial parts. Additionally, services like design, development, testing, software programming, and automation solutions are in high demand.

The Ministry of International Trade and Industry (MITI) plays a crucial role in promoting the M&E industry. Other key authorities include the Malaysian Investment Development Authority (MIDA), which facilitates foreign investments in the sector, and the Public Works Department (PWD), responsible for large-scale infrastructure projects.

Major M&E procurement contracts are often awarded to established companies like Siemens, Bosch, and ABB. However, local players like UMW Holdings Berhad and Petronas Gas Berhad are also prominent players in the market.

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