Economic Planning Unit: Penang on track to record 5.4pc average annual growth rate under 12MP | Malay Mail

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Economic Planning Unit: Penang on track to record 5.4pc average annual growth rate under 12MP

GEORGE TOWN, Sept 27 — Penang is projected to register an average annual growth rate of 5.4 per cent for the 2021-2025 period under the 12th Malaysia Plan , compared with 3.5 per cent during the 11th Malaysia Plan.

“The growth in most of these states was predominantly led by the services and manufacturing sectors,” it said. The state also showed an improvement in the median monthly household income in 2019, recording RM6,169, which surpassed the national median of RM5,873.

 

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