Malaysian EconomyMalaysia is a country on the move. From a country dependent on agriculture and primary commodities in the sixties, Malaysia has today become an export driven economy spurred on by high technology, knowledge based and capital intensive industries.
The structural transformation of Malaysia’s economy over the last 50 years has been spectacular. Often dubbed the “lucky country” because of its wealth of mineral resources and fertile soils, Malaysia did not rest on its laurels but took decisive steps to progress from an economy dependent on agriculture and primary commodities to a manufacturing based, export driven economy spurred on by high technology, knowledge based and capital intensive industries.
Today, Malaysia offers the world its Multimedia Super Corridor (MSC) which brings together a legislative framework and a next generation telecommunications infrastructure in eco friendly surroundings to create the best environment for the development of multimedia industries.
The mid 1997 economic and financial crisis which hit several countries in the Asia Pacific Region and caused a currency crisis and stock market crash in Malaysia, provided further proof of the strength and resilience of the Malaysian economy. Within two years, helped by selective exchange controls and the pegging of the ringgit, Malaysia bounced back and went on track towards economic recovery.
For more information about the Malaysian economy go to:
www.mida.gov.my 
