Northern Corridor Economic Region's external trade up 13.1% in Q3, says PM | The Malaysian Insight

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Northern Corridor Economic Region's external trade up 13.1% in Q3, says PM

Ismail Sabri in Selandar, Malacca, during the recent campaign period for the state elections. The PM said that more than 65,000 people, including women, youths and Orang Asli, have benefited from the Northern Corridor Economic Region’s rakyat-centric human capital programmes to overcome the challenges of the epidemic. – The Malaysian Insight pic, NOvember 16, 2021.

EXTERNAL trade at the Northern Corridor Economic Region increased 13.1% year-on-year to RM191.7 billion in the third quarter of 2021 with a total share of 35.1% of Malaysia’s overall external trade value, contributed by the recovery in global demand. Prime Minister Ismail Sabri Yaakob said manufacturing remained a key sector for NCER, contributing 32% of the region’s gross domestic product with approved investments in the sector increasing 304% to RM47.91 billion in the first half of 2021 from RM11.8 billion in the second half of 2020, signalling a long-term recovery.

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