Malaysia and ADB

In the Spotlight

Malaysia has made huge strides in socioeconomic development over the past 4 decades, transforming itself from an underdeveloped country reliant on natural resources into a middle-income country with a vibrant manufacturing sector. The economy slowed down in 2015 due to low commodity prices and generally weak global environment, but growth is expected to remain positive in the near term.

Given Malaysia’s reliance on international trade, the narrowing current account surplus has resulted in currency volatility, slowdown in investments, and growing fiscal deficit. To meet these challenges, the government has introduced measures, such as the introduction of the goods and services tax, to strengthen its fiscal position.

ADB support in Malaysia has focused on advancing regional cooperation and integration, catalyzing private investments through public–private partnerships, and developing knowledge partnerships.

Fact Sheet

  • April 2016 Asian Development Bank and Malaysia 

    The ADB program in Malaysia has provided loans, grants and technical assistance to grow the country's economy and improve the lives of people, particularly the poor, women, children and other vulnerable groups.


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Projects in Malaysia