Foreign students add nearly $5 billion a year to Malaysia’s economy
Officials say 167,000 international students spend on tuition and living costs, as the country aims for half a million by 2035
KUALA NERUS, Malaysia (MNTV) — About 167,000 international students in Malaysia contribute around $4.95 billion a year to the economy through tuition and living expenses, the head of Education Malaysia Global Services (EMGS) said, as quoted by the New Straits Times.
EMGS chief executive Novie Tajuddin said each international student spends an average of about $2,473 a month, benefiting not only universities but surrounding communities through food and service businesses.
He said Malaysia is now recognized as one of the world’s 14 leading higher-education destinations, joining traditional top choices like the U.K., U.S., Australia, and Canada, with international enrollment up about 23 percent over three years.
The country aims to attract 500,000 international students by 2035 under a 10-year higher-education plan, promoting its universities across seven to eight world regions.
The main countries sending students are China, Indonesia, Bangladesh, India, and Pakistan, most of them postgraduates enrolled at public and private institutions.