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CHAPTER 3

(WEEK 5 – 6)

From Tin to Petroleum


& Development of
Agricultural
Intro

• Malaysian economic structure.


-can be divided into 3:
a) primary (agriculture, forestry, fishery,
mining & quarrying)
b) secondary (manufacturing &
construction)
c) tertiary (services- private & public)
Theoretical Debates on Extractive
Industries
• History - 1957 – agriculture & mining (page 8).
• Malaysian eco. structure after independence
(1957-2010):
i) 1957 – 1970
ii) 1971 – 1990 (NEP)
iii) 1991 – 2000 (NDP)
iv) 2001 – 2010 (NVP)
- 2020?
‘Shared Prosperity Vision 2030’
The Tin Industry & Malaysia
Development
• 1957 – 1970 : Pre – NEP (page 10-11).
• Tin mining is one of the earliest type of mining
operated in Malaysia, starting in the 1820s in
Perak and in 1824 in Selangor.
• The development of mining industries in
Malaysia attracted many Chinese immigrants
who came to the state in 18th and 19th centuries
to work and develop the mine fields.
Malaysia to go into tin mining
again
• https://www.nst.com.my/news/nation/2019/05/48
4618/malaysia-go-tin-mining-again
• The government is planning to revive the tin
mining industry in Malaysia back to its golden
age, as achieved decades ago when it was the
largest tin producer in the world.
Government Policy on
Agricultural
• Agriculture remains an important sector of Malaysia's
economy, contributing 12 percent to the national GDP
and providing employment for 16 percent of the
population.
• The British established large-scale plantations and
introduced new commercial crops (rubber in 1876,
palm oil in 1917, and cocoa in the 1950s).
• The 3 main crops—rubber, palm oil, and cocoa—have
dominated agricultural exports ever since, although the
Malaysian share of the world's production of these
crops declined steadily during the last 2 decades.
• In addition to these products, Malaysian farmers
produce a number of fruits and vegetables for the
domestic market, including bananas, coconuts, durian,
pineapples, rice, rambutan (a red, oval fruit grown on a
tree of the same name in Southeast Asia), and others.
• The Malaysian tropical climate is very favorable for the
production of various exotic fruits and vegetables,
especially since Peninsular Malaysia seldom
experiences hurricanes or droughts.
• Read
more: https://www.nationsencyclopedia.com/econ
omies/Asia-and-the-Pacific/Malaysia-
AGRICULTURE.html#ixzz6GjETgtyN
The Old & New Agricultural

• In 1999, Malaysia produced 10.55 million metric tons of palm


oil, remaining one of the world's largest producers.
• Almost 85 percent or 8.8 million metric tons of this was
exported to international market.
• Malaysia is one of the world's leading suppliers of rubber,
producing 767,000 metric tons of rubber in 1999.
• However, in the 1990s, large plantation companies began to
turn to the more profitable palm oil production. Malaysia also
is the world's fourth-largest producer of cocoa, producing
84,000 metric tons in 1999.
• https://www.dosm.gov.my/v1/index.php?
r=column/cthemeByCat&cat=72&bul_id=SEUxM
EE3VFdBcDJhdUhPZVUxa2pKdz09&menu_id=Z
0VTZGU1UHBUT1VJMFlpaXRRR0xpdz09
Challenges & choices

• https://www.eastasiaforum.org/2020/01/22/challe
nges-for-malaysias-meandering-economy/
• https://www.researchgate.net/publication/273568
290_Malaysia's_economic_growth_and_develop
ment_Challenges_and_the_way_forward
Conclusion
Pasaran Wang & Modal: Perspektif Malaysia

Terima kasih

&

Semoga Berjaya

Pasaran Wang & Modal: Perspektif Malaysia

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