Malaysia

Kota Kinabalu, capital of Sabah
Kota Kinabalu, capital of Sabah

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