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The industries in Malaysia identified by the Malaysian Investment Development Authority (MIDA), include agriculture, infrastructure and communication, electronics and electrical, oil, gas, energy, tourism, wholesale and retail, and healthcare.
The three industries that attracted the most DDI were rubber products (including rubber gloves) at RM3.2 billion, followed by M&E (RM3.1 billion), and food manufacturing (RM2.1 billion). These industries made up 46.4% of total approved domestic investments.
Since the 1980s the industrial sector has led Malaysia's growth. High levels of investment played a significant role in this. With Japanese investment, heavy industries flourished and in a matter of years, Malaysian exports became the country's primary growth engine.
Malaysia has come a long way from its humble agricultural roots, emerging as one of Asia’s dynamic economies. With Malaysia’s industrial transformation over the past three decades, sectors and job roles are set to evolve once more as Malaysia paves the way for the digital-first Industry 4.0 era.
10 Feb 2023 · These are the top 5 industries now driving the Malaysian Economy. Services. Starting with number one on the list, the services sector remains the top commodity in Malaysia’s economy. The services sector accelerated to 12% from the previous 6.5% in Q1 of 2022. Subsequently, it generates 58.1% of the total GDP.
6 Ogo 2018 · Major Industries In Malaysia. In total, the industrial sector of Malaysia accounted for more than a third (around 36.8%) of the nation’s GDP in 2014. As of 2012, the sector employed almost 40% of the Malaysian labor force. The highest contributors from this sector are the Electronics industry, the Construction industry, and the Automotive industry.
17 Nov 2023 · The manufacturing industry is an important economic sector for Malaysia, contributing a significant amount to its GDP. The industry is driven by, among others, the production of electrical and electronic products. The key players here include Intel, Panasonic, and Fairchild Semiconductor.
This outlook was reiterated in the early months of 2023, suggesting that Malaysia would not achieve the earlier forecasted growth target of 4%-5%. Recent data suggests that the Malaysian economy is on a path to a modest recovery in 2024, with an expected growth rate of around 3.5%.
6 hari yang lalu · Monthly industrial production indices for the manufacturing, mining, and electricity-production sectors.
Malaysia is a multi-ethnic country with the predominant ethnic groups in Peninsular Malaysia being Malay, Chinese and Indian. In Sabah and Sarawak, the indigenous people represents the majority, which includes Kadazan-Dusun, Bajau and Murut in Sabah as well as Iban, Bidayuh and Melanau in Sarawak.
