Malaysia

Overview

Malaysia combines export-oriented manufacturing with a substantial services economy. Electrical and electronic products — including semiconductors — are central to its industrial base, while palm oil, oil and gas connect it to global commodity markets.

Penang is an established electronics cluster, and Kuala Lumpur is a centre for finance, including Islamic finance, and business services. Investment in higher-value chip activities and digital infrastructure offers room for growth, with skills, productivity and environmental sustainability important to the next stage.

On the rise

Advanced electronics, digital services and established financial expertise position Malaysia to capture more value from global supply chains — provided investment translates into stronger skills and domestic capabilities.