MoF: O&G, manufacturing and E&E sectors crucial for economy

“Malaysia is also a key player in the E&E global value chain. The E&E sector represents 40% (or RM386bil) of Malaysia’s annual exports, and approximately7% of global semiconductor trade, ” the MoF said.

KUALA LUMPUR: The aerospace industry, oil & gas, manufacturing and electrical & electronics (E&E) sectors have been allowed to operate during the full lockdown from June 1 to 14 as they are crucial to the economy, the Ministry of Finance (MoF) says.

It said in a statement on Monday the continued opening of these sectors is crucial to safeguard the well-being of the rakyat and to ensure the supply chain continuity for essential products and services.