Industrialisation in Numbers

By Jack Chai, Ong Wooi Leng

August 2022 STATISTICS
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As the second smallest state in Malaysia, Penang contributed the second-largest manufacturing output to Malaysia’s Gross Domestic Product (GDP). This accounts for about 13.9% of the country’s GDP in the manufacturing sector in 2021 – a 0.4% increase from 2020 despite the pandemic.The total value of Penang’s capital investments in manufacturing projects have almost doubled every decade. Table 1 shows the approved manufacturing investments in Penang for each decade from 1981 to 2020. Total investments saw exponential growth in the...

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Jack Chai

Ong Wooi Leng

heads the Socioeconomics and Statistics Programme at Penang Institute. Her work lies in labour market analysis and socio-economic development.