Perak began growing rapidly a century ago, thanks to its thriving tin-mining industry. After the industry declined in the 1980s, the Perak government began diversifying the state’s economy into other sectors such as the manufacturing industry.
Today, Perak is one of the most economically active states in Malaysia. It has built a strong industrial foundation, relying on manufacturing as a robust engine of growth.
Moving forward, the state is diversifying its industrial portfolio to include other economic verticals such as electrical & electronics (E&E) products, as well as logistics and transport equipment.
Perak is also blessed with tropical forests rich in biodiversity, so emphasis will also be given to unlocking the potential of the state’s heritage and eco-based tourism attractions.
The NCER Strategic Development Plan for Perak is aligned with the state’s Perak 2040 Development Plan. Several key priority sectors have been identified to leverage on the state’s value propositions, comprising ecotourism and heritage tourism, modern agribusiness, automotive, and an economic hub for creative industries.
TARGETS FOR PERAK BY 2025
A total of 10 Key Development Zones have been identified in Perak, namely, the Royal Belum Biodiversity Zone, Baling-Pengkalan Hulu-Betong Border Zone, Greater Ipoh-Taiping-Pangkor Growth Corridor, Slim River-Sungkai Biodiversity Zone, Tanjung Malim Automotive Hub, Transkrian Development Zone, South Perak National Food Security Zone, Larut Matang Biodiversity Zone, Lenggong UNESCO World Heritage Site, and Tapah Education City.