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Transportation and logistics
The Transportation industry is essential to personal mobility and a prerequisite for achieving socio-economic progress. The industry is a key component of global production and supply chains, and a primary facilitator of international trade in goods and services. Emerging technologies and stricter environmental regulation are reshaping traditional transportation modes and driving investment in more efficient and sustainable transportation solutions.
Activities associated with the Transportation industry are transportation of passengers and cargo by road, rail, air and water, and the related support activities. Urban mobility, scenic and sightseeing transportation, courier and postal services, and pipeline transportation of oil and gas are also included in this industry.
Year 2020 was an exception year due to COVID-19. Prior to the pandemic, the transport and storage GDP saw robust growth of around 6% y/y between 2016 and 2019. Steady positive growth was also recorded across subsectors. The ...
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Malaysia’s transport and storage GDP recorded robust growth in 2019 despite the slower overall economic activities. Main sector performance indicators showed positive and healthy growth in 2019, except for rail passenger volume and air cargo ...
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Malaysia’s transport and storage sector contributed MYR 46.5bn (3.4%) of the country’s GDP in 2017. Between 2013 and 2017, the GDP share of the sector was flat at 3.4% to 3.5%. The sector contributed approximately 657,400 jobs or 4.5% of ...
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The travel and tourism sector plays a significant role in Malaysia’s economy, directly contributing 4.7% to Malaysia’s 2016 GDP and accounting for 12% of total employment. Thus, travel and tourism receives considerable attention from the ...
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With a population of some 31.9 million, Malaysia is one of the more developed countries, with advanced transportation infrastructures, in the ASEAN region. The sector employed 630,400 people, or 4.45% of total employment in 2016. The transportation ...
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