According to its 2020/21 Economic Impact Survey (EIS) of 80 Amcham member companies, more than 130,000 people have been employed, with 90% local hires, and contributed more than RM100 billion towards the country’s export earnings.

Its chairman, Antony Lee, said the survey highlighted the commitment of American businesses helping to create a thriving business environment that created jobs and opportunities for ordinary Malaysians.

The EIS also unveiled that 85% of businesses surveyed expected to grow over the coming year.

“I’m particularly pleased about the positive economic outlook that our members have for the national economy over the coming 12 months,” Lee said in a statement today.

The survey also highlighted that Amcham members had provided direct support to the Malaysian economy by sourcing nearly RM20 billion worth of goods and services locally.

They had also signed more than 10,000 contracts worth more than RM100,000 each with local businesses.

Meanwhile, Amcham chief executive officer Siobhan Das said the success of its members in Malaysia was particularly visible in the manufacturing, agribusiness, extraction, energy and service industries.

“Malaysia is now a critical node in many global supply chains, demonstrating the success of our members in developing local talent and businesses for the global stage.

“With the recent influx of US investments, we look forward to the ecosystem expanding and propelling the country to further economic success,” she said.