chapter 6 - Malaysia Productivity Corporation ( MPC)

cost per employee had significantly increased in
2011 by 6.9% compared with only 2.9% during
the previous year (2010). Although this sub-sector
experienced an increased in wages, the rate of
increase was still relatively lower compared to the
industry’s productivity growth which recorded
10.7%.
The substantial increased in the productivity level
and growth in refined petroleum sub-sector was
mainly due to substantial reduction in the unit
labour cost experienced by the sub-sector over
the past several years. The sub-sector experienced
further decline in its unit labour cost at 9.9% in
2011(Figure 7.8d). Labour efficiency experienced
by the sub-sector was due to the nature of the
business operations which require highly skilled
workers.
Oil and gas industry was selected as one the
NKEAs due to its potential growth and significant
contribution to the national economy. Under the
CHAPTER 7
NKEA strategies, 12 EPPs have been identified to
be developed across four areas such as sustaining
oil and gas production; enhancing growth in
downstream; making Malaysia the number one
Asian hub for oil field services; and building a
sustainable energy platform for growth. This is
aimed at creating employment opportunities
where by 2020, more than 52 thousand jobs will
be materialised and 40% of these are highly skilled
jobs.
The progress reported for EPP related to enhance
oil recovery (EOR) in 2011, include investment
to regenerate mature facilities and undertake
enhanced oil recovery activities. Efforts will also
be made towards the establishment of the largest
fabricator in the country covering 488 acres with
a production capacity of 69.7 thousand metric
tonnes per year.
For energy efficiency EPP, the Ministry of Energy,
Green Technology and Water (KeTTHA) has
Figure 7.8d: Changes in Unit Labour Cost of the Refined Petroleum Products, 2010-2011
Percent
-9.94
-10.88
Computed from: Department of Statistics, Malaysia
-14.0 -12.0 -10.0 -0.8 -0.6 -0.4 -0.2 0.0
2011
2010
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