Tried and tested: The manufacturing sector, particularly the E&E industry, has demonstrated resilience and potential in driving the country’s economic growth.
MALAYSIA has continuously demonstrated its strength as a leader in the manufacturing and electrical and electronics (E&E) industry in South-East Asia as it has long been the backbone of the country’s economy.
In the first quarter of 2023, the country’s overall economy expanded by 5.6% (compared with last year’s 4.8% growth), outperforming regional growth rates such as those of Indonesia (5%), China (4.5%), and Vietnam (3.3%).
