Rail Mobility in Asia - Construction Industry Development Board ...

8 Catatan Peristiwa Diary of EventsCIDB News JUNE 06.201320 February 2013BIMB SecuritiesAnd Fund ManagersGain Insight To Construction IndustryBIMB Securities recently organised aConstruction Insights Day to enablefund managers to gain insights into theperformance, opportunities, potentialand risk involved in the constructionindustry.BIMB Securities Chief ExecutiveOfficer, En. Rashid Ismail said thatthe talk is organised to enable fundmanagers to familiarised themselveswith the workings of the industryand make well-informed decisionsregarding investment in constructionrelated stocks or projects.In his presentation titled “An Update& Future Prospects for the MalaysianConstruction Industry”, Chief Executiveof CIDB, YBhg. Dato’ Sri Ir. Dr. JudinAbdul Karim shared that the localconstruction industry in very muchprivate sector-led, with 85% of projectsin 2012 driven by the private sector.He said opportunities are aboundlocally and abroad for industryplayers and as such bankers andfund managers should also grab thevast opportunities to finance viableinternational projects embarked byMalaysian contractors.Malaysia Master Builders AssociationPresident Mr Matthew Tee in hispresentation highlighted the currentchallenges faced by the industry andmade some suggestions on how toovercome them.Group Managing Director ofEversendai Corporation, Dato’ AKNathan was also invited to present toshow the many successful internationalconstruction projects his companyundertook, which uses mostly steelstructures.At the end of the session all speakersstayed to entertain questions andcomments from fund managers in adialogue session.Created as a thoughtleadership platformof Asia’s fast growingrail industry, theConference willhighlight anddeliberate topics ofhigh significance tothe developmentof the rail networksin Asia coveringProject Planning &Updates, Investment& Financing, Rail andSustainability and HighSpeed Rail, amongothers.