Malaysia - Investment Performance 2011 - Malaysian Industrial ...

pitch control, solar chargers and
panel power control and automotive
battery control system. The company
also plans to establish an R&D centre
for these above products.
Based on the approvals in the E&E
industry, electrical products is now
the leading sub-sector, replacing the
electronic components. This is due to
the significant investments approved in
solar projects compared with previous
years. The influx of investments in
solar projects was contributed by the
global awareness and the importance of
‘green technology’ including renewable
energy, despite the slower demand in
the industry during the period. Many
companies especially those undertaking
integrated projects continue to invest
based on the expectation of an upward
trend in the industry. The International
Energy Agency (IEA) forecasted the
industry to grow 21 per cent between
2013 to 2015 and 29 per cent for the
period 2015 to 2020.
tranSPOrt eQuiPMent
The transport equipment industry
comprises the automotive; aerospace;
and shipbuilding and ship repairing
sub-sectors. The automotive industry is
the largest sub-sector in this industry.
In 2011, exports of transport equipment
totalled RM9.2 billion. Exports of road
vehicles (comprising passenger vehicles,
commercial vehicles, motorcycles/
scooters, trailers/semi-trailers, bicycles/
other cycles and parts and components)
34 Malaysia - investMent PerforMance 2011
amounted to RM5 billion. Exports of
aircraft and associated equipment
and parts totalled RM3.1 billion while
exports of ships, boats and floating
structures amounted to RM1.1 billion.
Projects Approved in 2011
In 2011, a total of 110 projects were
approved in the transport equipment
industry with investments of RM6 billion.
Domestic investments amounted to
RM4.9 billion (82%), while foreign
investments totalled RM1.1 billion
(18%). The approved projects would
generate a total of 9,727 employment
opportunities.
Graph 15
Investments in Projects Approved in the
Transport Equipment Industry
by Sub-sector, 2011
Aerospace
347.2 (6%)
Automotive
3,320.1 (55%)
RM million
Shipbuilding and
Ship Repairing
2,310.8 (39%)
Of the total projects approved, 58
were new projects while 52 were
expansion/diversification projects. The
new projects accounted for RM2 billion
or 33 per cent of the total investments
while expansion/diversification projects
accounted for RM4 billion (67%).