MALAYSIA: A LAND OF OPPORTUNITIES

Business Ready Environment

 Malaysia is well-positioned to serve as a central hub for worldwide trade. The air transport infrastructure is among the best in the world. Malaysia’s coastal ports provide direct maritime access in Asia to Singapore, China, as well as to Europe and the U.S and also offer investors a selection of secure trade corridors and industrial zones that regularly facilitate continual supply chain and business operations.

Malaysia’s established financial and banking sectors, business-friendly policies, ready infrastructure and supportive government facilities make it straightforward for companies to set up operations here. The World Bank’s Doing Business 2020 report ranked Malaysia in the top 12 out of 190 economies.

The well-structured policies continue to be pro-business, prudent and pragmatic to create an environment that is safe, secure and scalable for the long-term success of businesses here. This includes 100% equity ownership in the manufacturing and selected services sectors, competitive investment incentives and IP protection laws that conform with international standards.

Malaysia’s Global Standing

 

Malaysia efforts in attracting investments and driving productivity and innovation through economic and regulatory reforms have received worldwide recognition by various international institutions.

Progressive Infrastructure, Excellent Connectivity

 Malaysia is committed to continuously developing and upgrading its infrastructure. This has resulted in over 500 dedicated industrial parks, specialised industrial parks and free industrial zones, expanding telecommunication technologies, growing network of highways, efficient seaports and well-recognised international airports.

  • Dedicated Industrial Park

 

  • Affordable Digital Connectivity

 

  • Well-maintained Highways

  • World Class Seaports

Malaysia has 6 international airports, 16 domestic and 18 airport aerodromes to accommodate growing passenger demand and facilitate major trade and aviation routes. KLIA, one of the region’s major aviation hub, can handle an average capacity of 75 million passengers and more than 1.2 million tonnes of cargo per year. It operates global flight routes to 30 cities in 20 countries.

 Liberal Equity Policy

Malaysia’s liberal equity policy makes it easier for foreign companies to set up their business here to stay ahead. Since June 2003, foreign investors could hold 100% of the equity in all investments in new and expansion / diversification projects in the manufacturing sector and selected services sectors. Liberalised services sub-sectors include selected areas of health and social services, tourism services, transport services, business services and computer and related services.

Intellectual Property (IP) Protection

 Malaysia’s IP laws are in conformance with international standards

  • Member of the World Intellectual Property Protection Organisation (WIPO)
  • Signatory of the Paris Convention and Berne Convention which govern IP rights
  • Signatory of the Agreement on Trade-Related Aspects of IP Rights (TRIP 8) under the WTO

Malaysia has signed Investment Guarantee Agreements (IGAs) with more than 60 countries.

 

  Malaysia’s IP Protection Safeguards Innovation

 The world’s most innovative companies choose Malaysia due to the secure Intellectual Property (IP) protections which safeguard more than just their ideas or concepts. It protects investors’ genuine business assets that are integral to the core services of the business and overall long-term viability. Malaysia’s robust Intellectual Property (IP) laws will secure all innovations.

 Intellectual Property

 The US Chamber of Commerce’s Global Innovation Policy Centre (GIPC), in its 7th Annual International Intellectual Property (IP) index – 2019, ranks Malaysia second in Southeast Asia.

The Conducive Business Environment and an Ideal Hub for Regional and Global Operations in Malaysia

 The conducive business environment in Malaysia has made the country one of the world’s top investment destinations for offshore manufacturing operations. Malaysia has to date attracted more than 5,000 foreign companies from more than 50 countries to establish their operations in the country. Many companies continue to expand and diversify operations in the country, reflecting ongoing confidence in Malaysia as a preferred site for their business ventures.

Malaysia is increasingly becoming an ideal location for global establishments, regional distribution centres or a global representative office. Several significant players enjoy the lucrative benefits of business process outsourcing (BPO) activities and other services supporting their Asia Pacific operations as they leverage on Malaysia’s sound banking and financial services, and comprehensive business ecosystem.

Malaysia continues to attract targeted global investments within several catalytic sectors, that will bring in high-value, high-technology and high-impact investments, such as electrical and electronics, machinery and equipment, aerospace, medical devices as well as renewable energy and consumer technology.

Source: MATRADE

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