Higher women contribution in economic sector could add RM6 billion to Malaysia’s GDP

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Higher women contribution in economic sector could add RM6 billion to Malaysia’s GDP
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SHAH ALAM: Higher contributions from women in the economic sectors could add as much as RM6 billion to Malaysia’s Gross Domestic Product (GDP) by 2025...

: Higher contributions from women in the economic sectors could add as much as RM6 billion to Malaysia’s Gross Domestic Product by 2025, said Women, Family and Community Development Minister Datuk Seri Nancy Shukri.

Citing the Volvo Trucks Malaysia Iron Women initiative as an example, Nancy said the government is making steady progress in addressing gender disparities in the workforce thus creating a more inclusive society through the combination of existing policy and industry strengths. “Women play unique roles as nurturers in the community, and when empowered, they create a positive ripple effect that benefits their families and improves livelihoods. This empowerment has the potential to lift communities out of poverty and enhance the quality of life,” she said in her opening speech at Volvo Trucks Malaysia Iron Women: First Cohort Graduation here today.

“When we’re talking about leadership is not just political leadership but also about economy and other fields, we want to provide a platform where women can show their initiatives and leadership skills,” she said.

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