Malaysia and ADB
In the Spotlight
New analysis suggests that the impacts of climate change in Southeast Asia may be larger than previously estimated, possibly reaching 11% of gross domestic product by 2100.
Malaysia has made huge strides in socioeconomic development over the past four decades, transforming from an underdeveloped country reliant on natural resources into a middle-income country with a vibrant manufacturing sector and low levels of poverty.
The forum harnesses both sides of the region’s food markets to work together to avoid extreme price volatility, or to mitigate any adverse effects of temporary food shortages. The forum will be held in Kedah, Malaysia on on 24 - 25 November 2015.
As a major producer and exporter of crude oil, natural gas, and palm oil, Malaysia's economy was bound to be buffeted by the plunge in demand and prices for hydrocarbons and other commodities. Net external demand dragged down Gross Domestic Product growth in the first half of 2015.
Since attaining independence about 5 decades ago, Malaysia has developed into a middle-income country with a record of strong economic performance and poverty reduction. The outlook for Malaysia’s economy has remained bullish in recent years, following the growth patterns that have allowed for many Millennium Development Goals to be achieved ahead of the 2015 target.
However, as an open economy reliant on international trade, Malaysia remains vulnerable to external economic shocks.
An interim country partnership strategy outlines the resumption of ADB operations in Malaysia, and supports the implementation of the Tenth Malaysia Plan, 2011-2015.
Projects in Malaysia
No projects in this category were found.