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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.
Projections under the NIMP 2030 anticipate significant growth in Malaysia’s manufacturing sector, with manufacturing GDP expected to surge by 61% to RM587.5 billion by 2030. Employment opportunities are set to expand, providing livelihood for 3.3 million Malaysians, driven by the creation of high-skilled jobs and advancements in automation.
The voice of the Malaysian manufacturing industry. A key focal point for those seeking links with Malaysian manufacturers for investment, trade and services.
Jul 12, 2024 · Manufacturing Statistics. Although roughly half of Malaysia's GDP comes from the services sector, manufacturing remains highly strategic for the Malaysian economy, with high-value manufacturing hubs in Penang, Kulim, Klang Valley, and Johor.
Malaysia’s manufacturing industry is picking up momentum following a year of stops and starts as a result of the health pandemic. In the first quarter of 2021, manufacturing sales value registered an increase of 8.5% to RM368.2 billion as compared to the same period in 2020.[1]
Sep 21, 2022 · As Malaysia embraces the Fourth Industrial Revolution or Industry 4.0, the manufacturing sector needs to find ways to optimize business processes and work around the current supply chain crisis. Why is the manufacturing sector important to the Malaysian economy, and what else can be done to support and grow the industry?
As part of Malaysia Madani Economy framework, the government is prioritising manufacturing as the country new growth engine. To achieve this, it is becoming increasingly important to adopt digital technologies within and beyond the factory walls.
Manufacturing has significantly contributed to Malaysia’s growth. ~24% contribution to GDP, with growth of 6%. Major contributor to exports; ~80% of total exports. ~17% contribution to employment, with growth of 1%.
The Manufacturing market in Malaysia is projected to grow by 2.54% (2024-2029) resulting in a market volume of US$144.0bn in 2029.
One quarter of Malaysia's GDP is contributed by the manufacturing industry. This report provides a brief summary of the overall outlook of the Malaysian manufacturing industry, including its industrial structure, major industrial parks, and other aspects of the Malaysian manufacturing industry.
