Business Of Manufacturers Companies in Malaysia

The business of manufacturers companies in Malaysia is to produce and supply goods and services to businesses and consumers in the country. The manufacturing sector is an important contributor to the Malaysian economy, accounting for 24.1 percent of the country’s GDP in 2016. The sector is also a major employer, with over 1.6 million people employed in the manufacturing industry in 2016.

The manufacturing sector in Malaysia is diverse, with companies involved in the production of a wide range of products, including electronics, textiles, chemicals, food and beverage, and machinery. The sector is also a major exporter, with manufactured goods accounting for 61.5 percent of Malaysia’s total exports in 2016.

The government has been supportive of the manufacturing sector and has implemented a number of initiatives to promote the industry. These include the establishment of industrial parks, the provision of tax incentives, and the development of infrastructure.