Main Industries In Malaysia

The banking and finance industry has always been top of the list and now it is even more popular as digital technology plays a huge role in the industry. Engineering which also means the industry involving technical experts. The eastern malaysian states of sabah and sarawak are keenly focused on logging petroleum producing and refining and agriculture processing.

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This industry has an account of 32 8 of the total exports.

Main industries in malaysia. Also the requirement for more control and regulation resulted in growing demand in compliance and audit roles in this industry. To date there are more than 50 companies largely mncs. The electronics automotive and construction industries are the biggest industries in malaysia.

The electronic industry is the top contributing industry in malaysia. Types of malaysian industries are listed as follows. Malaysia has successfully developed its economy based on raw materials and has significant reserves of oil gas copper and bauxile.

Industry contributes to around 38 3 of gdp and employs 27 2 of the active population. In peninsular malaysia some of the key industries include rubber oil palm processing and manufacturing light manufacturing pharmaceuticals medical technology electronics tin mining and smelting logging and timber processing. As a result there are more demands for skilled people not only with a banking and finance background but also of those with it knowledge.

Malaysia is a major hub for electrical component manufacturing with factories of international companies like intel amd freescale semiconductor ase infineon stmicroelectronics texas instruments fairchild semiconductor renesas x fab and major malaysian owned companies such as green packet silterra globetronics unisem and inari which have contributed to the steady growth of the semiconductor industry in malaysia. It is the second main producer of palm oil and tropical wood and the fifth largest exporter of rubber. This industry holds responsibility for technological equipment like mobile devices optoelectronics and embedded technologies.

The total work force is 27 2. Some of the major industries in malaysia are.