“I’ve been calling the E&E sector the golden goose of the Malaysian economy for years. Under the 12MP, the E&E industry is targeted to contribute RM120bil to gross domestic product (GDP) and generate RM495bil in export earnings by 2025. E&E industry players will be encouraged to adopt advanced technologies and produce more sophisticated products, resulting in higher productivity and growth. He added that the policies under the 12MP will also support the manufacturing sector to achieve an average growth rate of 5.7% over the period. “We will continue to push forward initiatives to establish a progressive and inclusive digital economy, in line with our vision as well as the goals of the Malaysia Digital Economy Blueprint.”
