Malaysia: Brewery industry contributes RM7.1bil to GDP

The Confederation of Malaysian Brewers Bhd (CMBB), comprising Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) and Heineken Malaysia Bhd, contributed an average of RM 7.1bil annually to the Malaysian economic growth between 2022 and 2023, The Star reported on October 2.

In a statement, CMBB said this supported 52,400 jobs and generated RM3.3bil in annual tax revenue.

“As an integral part of the manufacturing industry, the brewing industry contributes 0.4% of the national gross domestic product and 1.5% of Malaysia’s total tax revenue, underscoring the sector’s strong multiplier effect across the value chain.”

Meanwhile, Stefano Clini, managing director of Carlsberg Malaysia and Martijn van Keulen, managing director of Heineken in a joint statement as members of CMBB’s Governing Council, said: “Brewers are significant contributors to Malaysia’s economy – not only through taxes but also by driving employment and industrial activity across manufacturing, logistics, retail, and hospitality sectors.”

The statistics were revealed via the Economic Impact Assessment of the Brewing Industry in Malaysia, an independent study conducted by the South-East Asia Public Policy Institute, in collaboration with the University of Nottingham Malaysia.