Do you know how important the manufacturing industry is in Malaysia? The manufacturing industry is one of the most important industries in Malaysia. Its contribution has helped Malaysia to grow into what it is today. Without the manufacturing industry, it would be hard for us to grow into an economically stable nation. We have listed why the manufacturing industry is important in Malaysia:
More Job Opportunities For The Locals
Both college graduates and non-college-educated people can work in the manufacturing industry. This is because most manufacturing industries provide in-house training for non-college-educated employees to better understand the manufacturing industries. This has enabled non-educated employees to get employment. As for college-educated employees, they can work in the research and development field of the manufacturing industry. Not only that, since the manufacturing industry is very important, the growth in the industry is rapid which is why there is always hiring. Due to the COVID-19 pandemic, many lost their jobs in most industries but the percentage of those working in the manufacturing industries losing their job during the pandemic is very low. This is because of the importance of the manufacturing industry to the nation.
Malaysia’s economic growth can always depend on the manufacturing field because the manufacturing field is essential for human beings. From our electronic devices to canned beverages, manufacturing is present in every aspect of our life. Due to that, there should be no worries about the nation’s economic growth as long as manufacturing industries are still present. The manufacturing industry is the second most contributing industry to Malaysia’s economic growth. Manufacturing industries provide business opportunities to locals which allows them to contribute to the nation’s economic growth through revenue and tax payments. Not only that, local manufacturing factories that have managed to grow their branches worldwide have helped to show that Malaysia is capable of being involved in the manufacturing industry, which has caused many international businesses to be invested in Malaysia.
Contribution To The Trade Industry
Manufacturing Industry helps Malaysia’s trade industry. This is because product manufacturing enables nations to do trade business, which contributes to economic development. For example, Top Glove, the world’s largest glove manufacturing company, has contributed to the trade industry through its glove production. It has contributed a lot, especially during the COVID-19 pandemic period because of the importance of gloves in medical fields. Factories that are involved in frame structure machining Johor have contributed to the trade industry by producing products from raw materials. Even frozen food industries need to work with manufacturing industries for their productions.
If you were ever looking down on those that were working in the manufacturing industry, please stop doing so. Because they are an important asset for Malaysia’s growth. Hopefully, this article has helped you to understand the importance of the manufacturing industry in Malaysia. Every industry is important and everyone works well to contribute to the country’s economy. Let us, as one nation, help each other out in growing Malaysia into an economically independent country in the eyes of the world.