Hong Leong Investment Bank Bhd (HLIB) has maintained a positive outlook for Malaysia’s power infrastructure sector, citing a multi-year capital expenditure upcycle that structurally benefits listed companies with grid exposure.
The investment bank’s assessment underscores a broader regional trend in energy infrastructure.
While HLIB focuses on the Malaysian market, similar dynamics are evident in neighboring economies.
HDFC Securities recently noted that India’s power sector outlook remains strong, driven by high demand, policy support, and a robust capex cycle, with peak demand hitting record highs.
This infrastructure spending wave is part of a wider recovery narrative in Asian markets.
HLIB previously declared that the global semiconductor supply chain has entered a full recovery phase in 2026, driven by relentless demand for artificial intelligence compute.