Malaysia Economy

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Generating over 37% of GDP and contributing about RM263bn ($84.8bn) to GNI, the Greater Kuala Lumpur/Klang Valley (GKL/KV) region is the prosperous core and the administrative axis of Malaysia’s economic growth. In 2011, the number of people living in the region – which falls under 10 local authorities – hovered at about 6m, or around 20% of the...

How do you see Melaka’s policies for economic diversification, and what specific areas will be emphasised in the coming years?

It was in 2006 that the government first unveiled a major new tool in its strategy to help the country achieve fully developed nation status by 2020. Contained within the Ninth Malaysia Plan (9MP), released back then as the latest of the country’s five-year development programmes, was a section outlining the creation of five distinct regional...

To what extent can Iskandar Malaysia mitigate a potential slowdown in manufacturing and factory output in the Asia region?

The north-west of Malaysia is home to the states of Penang, Perlis and Kedah, which, along with Northern Perak, together make up the territory covered by the Northern Corridor Economic Region (NCER). With an established manufacturing sector, internationally famous tourist spots and wide swathes of agricultural land, the NCER has many...

The past 12 months have been good ones for the most established and developed of Malaysia’s growth corridors, Iskandar Malaysia (IM). Indeed, hitting some key growth targets in 2011-12, IM has been busy consolidating its standing as one of the fastest-growing regional development projects in the country.

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