Foreign affiliates in Malaysia contributed for 17.7 per cent to the Malaysia’s economy, recorded a value added of RM274.3 billion in 2021
A total of 2,987 foreign affiliates operating in Malaysia have generated a value added at RM274.3 billion in 2021, increased by 13.8 per cent as compared to RM241.0 billion in the previous year.
Manufacturing remained as the main contributing sector with a value added of RM133.3 billion, followed by Mining & quarrying and Services sectors.
Foreign affiliates in Malaysia employed 884,843 persons with paid compensation of employees at RM51.9 billion.
Both exports and imports by foreign affiliates in Malaysia increased to record RM370.9 billion and RM317.5 billion, respectively.
The foreign affiliates in Malaysia were mainly from the Asia region with 1,897 affiliates as compared to 1,898 affiliates in 2020, followed by Europe and Americas regions with 625 and 401 affiliates, respectively.
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