Manufacturing capacity utilisation hits 82.4% in 3Q24


Chief statistician Mohd Uzir said the capacity utilisation rate remained above 80% throughout 3Q24.

PETALING JAYA: The manufacturing industry achieved a capacity utilisation rate of 82.4% in the third quarter of 2024 (3Q24), an increase of 3.0 percentage points from the same period a year ago, according to the Statistics Department.

Chief statistician Datuk Seri Mohd Uzir Mahidin highlighted that the transport equipment and other manufacturers led the way with the highest capacity utilisation at 84.1%.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract
Reservoir Link secures its first CCS solutions contract

Others Also Read