PwC identifies high growth areas
KUALA LUMPUR: High-tech manufacturing, consumer goods and infrastructure are three areas of potential high growth in the next few years, said PwC Growth Markets Centre leader and partner David Wijeratne.
Expected growth in the high-tech manufacturing segments include the electronics, medical devices, machinery and equipment, and aerospace components industries, he said.
“While relatively less mature production centres in Asean like Vietnam and Cambodia will benefit from the relocation of low-tech manufacturing away from China, more advanced manufacturing centres like Malaysia and Indonesia are switching attention towards technology-intensive production.
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