3.7 SOUTHEAST ASIA - Malaysia

The GDP growth rate of Malaysia in 2020 was the worst since the 1998 Asian currency crisis. Due to the impact of the pandemic, the operation of private enterprises has been quite badly hit. The government has begun to invest in public facilities, and some long-term replacement projects have begun. The Kuala Lumpur airport and subway projects have significantly boosted the demand for large centrifugal chillers.