Terengganu
Energy state in transition: from oil and gas to renewables and advanced industry
ECERDC realised RM3.1 billion in Terengganu investments in 2024 (98% manufacturing), creating 5,356 jobs. Q1 2024 FDI: 65% of total, led by Japan.
GDP (2025)
RM40.6B
Real growth
1.6%
Approved 2021–2025
RM16.6B
Working age
0.84M
Economy by Sector
Share of Terengganu's GDP, with real growth against 2024.
- Services53.0%+3.6%
- Manufacturing35.7%-1.2%
- Agriculture7.5%+4.2%
- Construction3.2%-5.8%
- Mining & Quarrying0.6%-2.2%
Largest sector
Services
53.0% of GDP
Fastest growing
Agriculture
+4.2% in 2025
Approved Investment
2021–2025, all economic sectors. Administration in office since May 2018.
MIDA Investment Performance Reports. Figures are investment approved in each year, not received — projects typically take 18–24 months to reach full operation. This administration took office in 2018, so the series covers only part of its tenure.
Places to Invest
Petrochemical & gas hubs: Kerteh and Kemaman, anchored by PETRONAS.
Energy transition: Kenyir hybrid hydro floating solar (RM1.96 billion Phase 1).
Critical minerals: proposed RM5.76 billion advanced mineral processing facility in Kemaman.
ECRL leadership: Terengganu's section is the most advanced (94.82% complete, Oct 2025).
Strategic Narrative
1.26 million
Population
13,035 sq km
Land Area
8
Districts
96.9%
Citizens
Logistics Network
Airports
- Sultan Mahmud Airport: 12 daily flights to/from Kuala Lumpur
Railways
- East Coast Railway Link (ECRL): 3.5 hours to KL with 7 stations
Highways
- East Coast Highway: 358 km dual-carriageways from Kuala Terengganu to Gombak (4-hour drive)
Ports
- Kemaman Port: Deepest natural water depth port in Malaysia: 648m quay length, 18m maximum draught
Industrial Parks & Zones
Kerteh Biopolymers Park
439 acresTarget industries: Petrochemical
Teluk Kalong Industrial Estate
4,463 acresTarget industries: Heavy industrial, petrochemical
Gong Medang Industrial Estate
253 acresTarget industries: SMEs, timber, furniture