OGSE industry to contribute up to RM50bil to GDP by 2030

KUALA LUMPUR: The oil and gas services and equipment (OGSE) industry is expected to contribute between RM40 billion and RM50 billion to the country’s gross domestic product by 2030 from RM20 billion last year, said Minister in the Prime Minister's Department Datuk Seri Mustapa Mohamed today.

He said the higher contribution by the sector would be driven by the implementation of initiatives under the National OGSE Industry Blueprint 2021-2030.