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by Yong Poh Kon Chairman, ICC Malaysia/Immediate Past President, FMM

Discover the economic potential of Asia with a focus on Malaysia in this detailed report from the ICC. Explore market insights, key indicators, and reasons for investing in Malaysia. Learn about the attractive business environment, skilled labor force, supportive government policies, and developed infrastructure that make Malaysia a prime destination for investors.

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by Yong Poh Kon Chairman, ICC Malaysia/Immediate Past President, FMM

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  1. by Yong Poh Kon Chairman, ICC Malaysia/ImmediatePast President, FMM Opportunities in Asia March 2-3, 2009

  2. ASIA: “a new economic engine”... ADB • World GDP : Share of 24% (2006) • Average income growth in the region : 7% • Trade : 34% of world trade (2006) & 7% of world exports in 2007 • Share of exports in GDP: 50% (2006) • Accounted for 40% of total increase in world trade (1990 – 2006) • Asian export boom supported by intra-regional trade which accounts for 50% of Asia’s total trade, with China as a hub; • Largest international reserves & highest savings rate in the world • Integration of Asia progresses in trade, investment, money & finance, cross-border infrastructure: ASEAN, China, Japan, Korea are leading integration efforts

  3. Factors for Choice of Location In order of importance.. • Market growth rate • Market size • Access to internal/regional markets • Skilled labour • Cheap labour • Infrastructure • Supplies • Government effectiveness • Natural resources • Following competitors • Availability of incentives • Local capital market

  4. ASIA: Attractive to Trade & Investment Flows • Market: size & growth of the local market: 3,061 million population in Asia • China: 1,323 million • India: 1,131 million • ASEAN Population: 570 million • Good economic growth prospects • Availability of cheap labour & skilled labour e.g. India • Progressive regional integration – ASEAN Economic Community • Opening up to FDI e.g. Vietnam • Noticeable improvements in the business environment for foreign companies e.g. Indonesia

  5. UNCTAD World Investment Prospect Survey (2010) • Preferred location for investors: 2 Asian economies in top 10 i.e. China followed by India • Other countries in the top preferred 30 countries: • Indonesia • Korea • Singapore • Sector Focus: Services important because of “catching up”, particularly telecommunications, transport, infrastructure & internationalisation of business functions e.g. logistics, R&D, call centres • Thailand • Vietnam • Malaysia

  6. Prospect for Asian Economies Current Economic Scenario • Prospects remain ‘good’ as Asia’s trading partners other than US continue to perform reasonably well e.g. emerging market economies, Eastern Europe, Latin America, several African countries; • East Asian financial turmoil in 1997/8 led to reforms, better regulation and clearer accountability. Prudent monetary & fiscal policies have assisted in mitigating the external shocks; • Scope for fiscal and monetary expansion as most of the region’s economies enjoy robust budgetary positions and scope to wind monetary policy back; and • High foreign exchange reserves and high stock of savings in several of the Asian economies.

  7. Key Indicators Malaysia & Czech Republic

  8. Key Indicators Malaysia & Czech Republic

  9. Why invest in Malaysia?

  10. Why invest in Malaysia? • Ranked 20 out of 181 economies in WB Ease of Doing Business Index in 2008 • Ranked 19th in IMD’s 2008 World Competitiveness Yearbook • 19th largest trading nation. Total trade valued at RM1.11 trillion or 210 % of GDP • Malaysia’s trade with Asian economies • Exports: 35.4% or RM234.9 billion • Imports: 42.4% or RM221 billion • Provides Market Access: Malaysia’s FTA partners ASEAN, China, Japan, Korea, Pakistan

  11. Why invest in Malaysia? Strong macro-economic fundamentals • Natural resources – oil, gas, tin, timber, palm oil • GDP growth: 5% • Gross national savings: 38% of GDP • Debt service ratio: 3.8% • Unemployment: 3.3% • Inflation: 2% • Exports of manufactured goods – ¾ of total exports Supportive Government Policies • Pro-business policies & responsive government • Liberal investment policies • Attractive tax and other incentives • Liberal exchange control regime • Intellectual property protection

  12. Why invest in Malaysia? An Educated Workforce • Talented, young & productive workforce • Multilingual workforce, including English • Comprehensive system of vocational & industrial training • Harmonious industrial relations Developed Infrastructure • Network of well-maintained highways & railways • Well-equipped seaports & airports • Fully developed industrial parks, including FTZs, technology parks and Multimedia Super Corridor (MSC) • Advanced MSC Cybercities & Cybercentres

  13. Why invest in Malaysia? Conducive Business Environment • Market-oriented economy • Well-developed financial and banking sector • Wide usage of English in business legal and accounting practice based on British system • Large local business community with international business links • Large international business community Good Quality of Life • Friendly & hospitable Malaysians • Safe & comfortable living environment • Excellent housing, education & healthcare/medical facilities • World-class shopping & modern amenities

  14. Promoted Activities in Malaysia • Agricultural production and processing • Forestry and forestry products • Rubber products • Oil palm products and derivatives • Chemicals and petrochemicals • Pharmaceutical and related products • Wood and wood products • Pulp, paper and paperboard • Textiles and textile products • Clay-based, sandbased and other non-metallic mineral products • Iron and steel • Non-ferrous metals and their products

  15. Promoted Activities in Malaysia Machinery and machinery components • Machinery and industrial parts/components • Machine tools • Packaging machinery • Machinery or equipment for the services sector Transport equipment, components and accessories • Engines and engine parts • Automotive parts and components • Aerospace industry • Manufacture of train and related equipment • Ship building and repair Incentives Available • Pioneer Status with Tax Exemption of 100% • Investment Tax Allowance of 100% • Applications to • Malaysian Industrial Development Authority at http://www.mida.gov.my/

  16. 6th World Chambers Congress 3 - 5 June, 2009 ● Kuala Lumpur Leading Sustainable Growth and Change

  17. Our Global Challenges Food, Water and Energy The Economic Implications of Climate Change 3 Plenaries to address current critical issues:

  18. The World Chambers Congress is: the only international forum for chamber leaders to share experience and best practices, develop network and address latest business issues affecting business and chambers. The Only Global meeting place for Chambers

  19. DEVELOPMENT • Web 2.0 in business • Social responsibility • Transformational leadership • Customer service • Youth & beyond will be divided into three tracks, enabling delegates to easily access the sessions that are most important to their sector. Some highlights include: 15 Workshops… CHAMBER • Chambers & the environment • Electronic certificate of origin • Preferential certificate of origin • ATA Carnet • ICC Arbitration BUSINESS • Intellectual property • Women & business • Creating Sustainable Cities • Ports: Facilitating economic development & trade • Good governance

  20. Free! Free! 4thInternational Conference onExcellence in Manufacturing Investment Opportunities in the Manufacturing & Services Sectors in Malaysia SMIDEX 2009 A showcase for SMEs 2 June 2009 Impiana KLCC Hotel & Spa 3 June 2009 Kuala Lumpur Convention Centre 3 – 5 June 2009 Kuala Lumpur Convention Centre 3 Business Events

  21. 1 2 3 Fax Registration Form: + 603 4257 1133 Three simple ways to register Online: www.KL2009.com E-mail to: FMM Secretariat: wcc2009@fmm.org.my or Congress Bureau: wcc09@asianoverland.com.my to save time and immediately secure your accommodation & tour bookings!

  22. Congress Fees Companion: RM950.00 (US$275) Companion registration includes attendance to : • opening and closing ceremonies • welcome reception • theme night dinner • gala evening Per Delegate: RM3,100.00 (US$885) Delegate registration includes attendance to : • opening and closing ceremonies • all plenary and workshop sessions • exhibition area • 2 lunches and 5 contact breaks • welcome reception • theme night dinner • gala evening One free registration for every 12 full-paying delegates

  23. For more information Federation of Malaysian Manufacturers www.fmm.org.my 6th World Chambers Congress www.KL2009.com

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