Manufacture Of Parts And Accessories For Motor Vehicles Companies in Malaysia

The Malaysian automotive industry is a growing sector of the economy with a strong potential for future growth. The country is home to a number of large and well-established companies that manufacture parts and accessories for motor vehicles. These companies have a strong presence in the global market and are able to compete with other leading manufacturers.

The automotive industry in Malaysia is regulated by the Malaysian Automotive Association (MAA). The MAA is responsible for promoting the interests of the industry and ensuring that it is able to compete in the global market. The association works closely with the government to develop policies and regulations that will help the industry grow and prosper.

The automotive industry in Malaysia is a major contributor to the economy. It is estimated that the industry contributes around 3% to the country’s GDP. The industry is also a major employer, with an estimated workforce of over 300,000 people.

The Malaysian government is supportive of the automotive industry and is working to create an environment that is conducive to its growth. The government has introduced a number of initiatives to help the industry, such as the Automotive Industry Transformation Programme. This programme is designed to help the industry become more competitive and to create new jobs.

The automotive industry in Malaysia has a bright future