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TRADE AND INVESTMENT OPPORTUNITIES IN MALAYSIA. 7 June 2011. MALAYSIA – MULTIRACIAL AND PROGRESSIVE COUNTRY. Malaysia is a truly multi-ethnic and multi-religion country Strength in diversity. All groups are well represented in Parliament. Source : National Statistics Department.
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TRADE AND INVESTMENT OPPORTUNITIES IN MALAYSIA 7 June 2011
MALAYSIA – MULTIRACIAL AND PROGRESSIVE COUNTRY • Malaysia is a truly multi-ethnic and multi-religion country • Strength in diversity • All groups are well represented in Parliament Source: National Statistics Department
GOVERNMENT INITIATIVES GOVERNMENT INITIATIVES Government Transformation Programme (GTP) Effective delivery of government services Economic Transformation Programme (ETP) Private sector leads, Government facilitates. Specific initiatives and projects driving economic transformation. 10th Malaysia Plan 2011-2015 12 NKEAs to received prioritized policy and investment focus. .... As at date, 60 EPP projects has been announced with an estimated amount of € 23.1 million value of investment & offering about 230,000 job opportunities. Source: Economic Planning Unit, Malaysia
APPROVED INVESTMENT IN MANUFACTURING SECTOR BY MAJOR COUNTRIES (2008 – 2010) • IMPLEMENTED MANUFACTURING PROJECTS (as at 2010) 1. USA 2. JAPAN 3. AUSTRALIA 4. HONG KONG 5. GERMANY € 2.8 billion € 1.8 billion € 3.6 billion € 5.0 billion € 1.4 billion 2. USA 3. SINGAPORE 4. GERMANY 5. NETHERLANDS 1. JAPAN € 12.7 billion € 5.4 billion € 4.4 billion € 3.3 billion € 13.6 billion
IMPROVEMENTS TO PUBLIC DELIVERY SYSTEM The Special Task Force to Facilitate Business (PEMUDAH)
CURRENT FOCUS ON THE MANUFACTURING SECTOR High technology, capital intensive & knowledge driven industries: • Alternative Energy Sources • Biotechnology • Advanced materials • Advanced electronics • Optics and photonics • Petrochemicals • Pharmaceuticals • Medical devices • ICT • Aerospace Industries manufacturingintermediate goods: • Machinery & equipment • Components & parts • Moulds and dies Resourced-based industries: • Food ( Halal Hub ) • Value-added products from natural resources
TARGETED SERVICES SECTORS • Regional Establishments • Operational Headquarters (OHQ) • International Procurement Centre (IPC) • Regional Distribution Centre (RDC) • Logistics • Integrated Logistics Services • Cold Chain Facilities • Tourism • Hotel • Tourist project • Recreational camp • Convention centre
TARGETED SERVICES SECTORS • Environmental Management • Energy conservation/efficiency • Energy generation, using renewable energy sources • Storage, treatment and disposal of hazardous waste • Recycling of agricultural waste and agricultural by-products • Business Services • Shared services outsourcing • Research & Development (R&D) • ICT Services • Market Support Services • Film & Video Production & Post Production
TARGETED SERVICES SECTORS • Education • Technical, Vocational & Science Training • Healthcare Travel (Medical Tourism) • Private hospitals • Wellness Zone (Port Dickson)
ECONOMIC CORRIDORS • Focus on: • Modern Agriculture • Manufacturing & Design • Tourism • Logistics • Education & Health • Focus on: • Agro-based Industry • Tourism • Logistics • Manufacturing • Focus on: • Tourism • Oil & Gas • Manufacturing • Agriculture • Education • Focus on: • Resource Based Industry • Energy • Tourism • To be a hub for the services sector: • Creative Industry • Education • Healthcare • Logistics
Malaysia and ASEAN • ASEAN • Implemented AFTA in 2010 • A total of 97% of products traded between ASEAN at tariffs of between 0-5% • Population of 590 million consumers • Combined GDP of €1.1 trillion • ASEAN Economic Community 2015
STRATEGIC MARKET ACCESS Foreign companies based in Malaysia can enjoy preferential market access via Free Trade Agreements concluded by Malaysia:
MALAYSIA –EU FTA • Coverage: • Coverage broad spectrum i.e. Goods, Services, Investment and others • So far, 2 rounds of negotiation held • Targeted to be completed within 18 months from December 2010 • Expected to bring benefits both EU and Malaysia in all economic areas.
WHY MALAYSIA ? • Political & Economic Stability • Pro-business Government • Liberal Investment Policies • Transparent Policies • Policy of Welcome • Well Developed Infrastructure • Sound Banking System • Harmonious Industrial Relations • Trainable & Educated Labour Force • Quality of Life • Good Track Record
CONCLUSION MALAYSIA YOUR STRATEGIC PARTNER IN ASIA PACIFIC YOU CAN COUNT ON!