Malaysia
Rapid growth since independence has enabled Malaysia to become an upper middle-income country. It boasts a gross national income per capita of close to $11,000, with the share of households living below the national poverty line at less than 1%.
From an economy dominated by the international trade of raw natural resources, Malaysia has diversified its exports to include electrical appliances, electronic parts and components, palm oil, and natural gas. More recent efforts have focused on improving competitiveness. The country ranked 27th in the Global Competitiveness Index for 2019. In the same report for 2020, Malaysia was among the top 10 advanced countries on digital transformation.
However, as the coronavirus disease (COVID-19) pandemic worsened in 2020, measures taken to protect public health have induced sharp declines in Malaysia’s economic activity, threatening to stall the country’s development progress.
In Malaysia, BIMP-EAGA covers the states of Sabah and Sarawak and the federal territory of Labuan.
Sarawak and Sabah are part of the West Borneo Economic Corridor (WBEC), which also includes Brunei Darussalam and West Kalimantan in Indonesia.
Sabah is part of the Greater Sulu–Sulawesi Corridor (GSSC), which also includes North Sulawesi in Indonesia, and Mindanao and Palawan in the Philippines.
BIMP-EAGA Officials and Contacts in Malaysia
Minister
H.E. Dato' Seri Mohamed Azmin Bin Ali
Minister of Economic Affairs
Senior Official
Dato' Saiful Anuar Bin Lebai Hussen
Secretary General
Ministry of Economic Affairs
National Secretariat
Dr. Suhana Md Saleh
Deputy Director, Regional Development Section, Economic Planning Unit
Ministry of Economic Affairs
Priority Infrastructure Projects with Malaysia as Lead Country
As of 14 November 2019
| No. | Project Name | Estimated Project Cost (US$ Million) |
|---|---|---|
| 1 | Pan-Borneo Highway (Sarawak and Sabah) | 7,000 |
| 2 | Construction of Kalabakan Road, Serudong (Sabah) | 193 |
| 3 | Limbang Bridge (Sarawak) | 50 |
| 4 | Sandakan Airport | 20 |
| 5 | Mukah Airport | 93 |
| 6 | Expansion of Sepangar Bay Container Port | 231 |
| 7 | Lahad Datu Palm Oil Industrial Cluster (Container Port) | 201 |
| 8 | Dredging of Tawau Port | 6 |
| 9 | Dredging of Kuching Port | 100 |
| 10 | Limbang Hydro Project 1 (Sarawak-Sabah Interconnection) | 160 |
| 11 | Limbang Hydro Project 2 (Sarawak-Sabah Interconnection) | 345 |
| 12 | Limbang Hydro Project 3 (Sarawak-Sabah Interconnection) | 487 |
| 13 | Lawas Hydro Project (Sabah-Sarawak Interconnection) | 211 |
| 14 | Bekalalan Border Immigration Post | 4 |