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Terengganu

Investment Haven of the East

Terengganu
  • 1.149 mil Population

    Head of Government: Menteri Besar

  • 13,035 km² Size

    Area code: 09

  • Kuala Terengganu State Capital

    Region: Peninsular Malaysia

Why Terengganu

Reason to Invest

  • Strategic location
  • Rich in natural resources
  • Attractive incentives
  • Good infrastructures
  • Lower costs of doing business
  • Oil & Gas origin of Malaysia
  • Political stability
  • Talented workforce
  • Readiness of supply chain

GDP by Economic Activities

2021

  • Mining & Quarrying: RM187 mil
  • Import Duties: RM35 mil
  • Services: RM18.2 mil
  • Manufacturing: RM12.07 mil
  • Agriculture: RM2.94 mil
  • Construction: RM1.16 mil

Resources

2021

  • Employment: 451,800
  • Labour Force: 472,700
  • Working age group (15 - 64): 835,400
  • Agriculture Area: 455,382 (ha)
  • Wildlife Forest Reserve: 15,000 (ha)
  • Permanent Forest Reserve: 558,216 (ha)
  • Total Water Supply: 207,381 (M3/Day)
  • Coastline: 244 km
  • Private Solar Power Plant: 27.2 (mW)
  • Other Power Plants: 4,322 (kW)
  • Sultan Mahmud Hydroelectric Plant: Kenyir 1 - 400 (mW), Kenyir 2 - 265 (mW)

Labour Force Participant

2021

  • Working Age Group (15 -64): 835.4k
    • Labour Force: 472.7k
      • Number of Employed Persons: 451.8k
      • Labour Force Participation Rate: 56.6%
      • Number of Unemployed Persons: 20.9k
      • Unemployment Rate: 4.4%
  • External Labour Force: 362.7k

Clusters

Tourism

  • Urban Tourism
  • Eco and Island Tourism
  • Cultural Heritage Tourism
  • 202 Tourism Products

 

Manufacturing, Oil & Gas

  • Oil & Gas industry focuses onshore and offshore activities
  • Maritime/Marine Industry focuses on Shipbuilding, maintanance, repair and overhaul
  • Timber and Wood based industry
  • Industry and infrastructure development based on IR 4.0

 

Biotechnology

  • Biotechnology industry focuses on the production of bio-based product renewable waste
  • Agriculture Biotechnology involves aquaculture and agriculture projects
  • Bio-medical (Pharmaceutical and Wellness)

 

Communications, Content, Infrastructure & Emerging Technologies

  • Content Factory: Focus on Educational Edutainment and Family Entertainment
  • Digital Terengganu: Ecosystem to entice global business opportunities and investors to start their business
  •  Commercialisation of Emerging Technology: CoE for simulation, visualisation, non-destructive testing, as well as data management and analytics

*Source: Invest Terengganu / Terengganu State Economic Planning Unit