KUALA LUMPUR, July 18 — The full closure of the manufacturing sector, which contributes more than RM1 trillion in exports annually, will adversely affect the country’s economy, says Economic Action Council executive director Prof Tan Sri Noor Azlan Ghazali.
“When we talk about clusters, we often refer to the manufacturing, construction, retail and several other categories. Actually, if look at it in context, clusters only account for around 15 to 20 per cent . He said factories in the country were an important source of economic growth as most of them were in the international supply chain, and unnecessary closures would affect the production of the giant corporations.
He said the direct fund injection was equivalent to two years of government development expenditure, and it had up to a three-fold multiplier effect on the national economy.
Oo
So economy more important than human lives ? 🙄
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