Manufacturers gain from growth of medical device, aerospace and test equipment industries

  • Business Premium
  • Saturday, 12 Nov 2016

Phang: ‘From 2002 to 2015, approved investments in medical devices totalled RM18.4bil with 53.5 coming from foreign sources. The increase in FDI reflects the continuing confidence in the industry ecosystem.’

THE global medical device, aerospace and test equipment markets are experiencing growth, generating spillover effects for the local manufacturing base in the country.

These growing industries have augmented the approved medical investments in the country and created new business opportunities for aerospace and test equipment companies.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , invest , medical , malaysia


Next In Business News

Copper sinks to 17-month low as slowdown fears mount Premium
Oil prices reverse losses, gain on tight supply concerns Premium
Shares wobble as Wall St futures slip, dollar stays firm Premium
No experience, no resume, you're hired! Hotels fight for staff Premium
Malaysia's terms of trade up 1% in May 2022 Premium
Asia-Pacific banking sector to declare RM922bil dividends for FY22 Premium
Bursa's relief rally fizzles on OPR fears Premium
Sime Darby divesting Weifang Port companies for RM1.27bil Premium
Ringgit opens flat ahead of OPR decision later this week Premium
Greater earnings visibility from Gamuda's RM1.97bil job win Premium

Others Also Read