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Abstract
How Economic Situation Affect the Decisions on the Building Energy Efficiency(BEE) Development in Malaysia
Queena K Qian, Abd Ghani Bin Khalid and Edwin HW Chan
This paper analyzes how the economic uncertainty affects the stakeholders’ decision-makings on Building Energy Efficiency (BEE) investment in Malaysia. It studies the underlying barriers that hinder the BEE market penetration. Interviews with 30 architects who have BEE working experience with developers in Malaysia were conducted to understand the uncertainties affecting the current situation and future prospects for BEE adoption from the aspects of economic uncertainty. The result shows that the government incentives are trustworthy and welcomed by the stakeholders. The good opportunity to improve the BEE market is during the economic transition stage. Malaysian has high confidence that government incentives will not be changed easily. The study also suggests possible policy solutions for overcoming the uncertainties to attain the large-scale energy-efficient building investment.