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‘MALAYSIA: THE PREMIER INVESTMENT DESTINATION’. Presented by: Mr. Zuhari Nor Malaysian Investment Development Authority (MIDA) London 16 June 2010. Outlines of Presentation. Facts on Malaysia Performance of the Manufacturing & Services Sectors Trade Performance Tourism
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‘MALAYSIA: THE PREMIER INVESTMENT DESTINATION’ Presented by: Mr. Zuhari Nor Malaysian Investment Development Authority (MIDA) London 16 June 2010
Outlines of Presentation • Facts on Malaysia • Performance of the Manufacturing & Services Sectors • Trade Performance • Tourism • Policies & Incentives • Manpower • Facilities & Infrastructure • Market Access • Why Malaysia? 2
Facts on Malaysia ‘MALAYSIA: THE PREMIER INVESTMENT DESTINATION’ 3
Facts of Malaysia ‘MALAYSIA: THE PREMIER INVESTMENT DESTINATION’ 6
Facts on Malaysia Malaysia’s Key Economic Indicators Source: Central Bank of Malaysia 8
Facts on Malaysia GDP By Industrial Origin 9
PERFORMANCE • Of the Manufacturing & Services Sector 10 www.mida.gov.my
Foreign Investment in Implemented Projects by Major Countries (As at 31 December 2009) 12
United Kingdom: 3rd largest investor from EU in Malaysia 13
Implemented Manufacturing Projects With British Participation (2009) 14
Notable British Companies in Malaysia 15 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA
Trade Performance 18 18
Malaysia-UK Bilateral Trade United Kingdom was Malaysia’s: Malaysia was United Kingdom’s: 2009 2009 3rd largest trading partner in EU, 1.3 % of global trade 2nd largest trading partner in ASEAN, 0.5 % of global trade 2nd largest export destination in ASEAN, 0.5 % of global exports 3rd largest export destination in EU, 1.3 % of global exports 3rd largest source of imports in EU, 1.4 % of global imports 2nd largest source of imports in ASEAN, 0.5 % of global imports 22
Tourism 23
Tourist Arrivals from United Kingdom Tourist arrivals from United Kingdom (2008-2009): Increased 14.8% 24
Flight Connectivity: Tourism Opportunities for Investment in: • Theme parks • Convention centres • Recreational camps • Expansion/modernisation of tourism projects 25
Malaysia My Second Home Programme (MM2H) • MM2H: Long stay programme • Benefits: • Multiple entry visa for 10 years • Entitled to purchase residential properties priced from a minimum of £94,000 and one car (tax free) 26
Malaysian Investment Development Authority (MIDA) MIDA is the first point of contact for investors who intend to set up projects in the manufacturing and its related services sectors in Malaysia 28 www.mida.gov.my
Functions of Malaysian Investment Development Authority (MIDA) • Planning for industrial development • Recommend policies and strategies on industrial promotion and development Planning • Foreign Direct Investment • Domestic Investment • Cross Border Investment • Manufacturing Related Services Promotion Follow-up/ Monitoring • Assist companies in the implementation and operation of their projects • Advisory Services • Manufacturing licenses • Tax incentives • Expatriate posts • Duty exemption • RDC, IPC and R&D status Evaluation 29
Investment Policies Liberal policy on Employment of Expatriates 31
Incentives 32 MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY, MALAYSIA
Incentives • OPERATIONAL HEADQUARTERS (OHQ)/ • INTERNATIONAL PROCUREMENT CENTRE (IPC)/ • REGIONAL DISTRIBUTION CENTRE (RDC) • Full tax exemption for 10 years • REPRESENTATIVE OFFICE (RE)/ • REGIONAL OFFICE (RO) • RE or RO status given for a period of 3 years • INTEGRATED LOGISTICS SERVICES (ILS)/ • INTEGRATED MARKET SUPPORT SERVICES (IMSS)/ • INCENTIVES FOR INTEGRATED CENTRAL UTILITY FACILITIES (CUF) • Eligible for PS or ITA 34 www.mida.gov.my
Manpower 35
Manpower 36
Manpower 37
Manpower 38
Facilities & Infrastructure Roads and Highways in Peninsular Malaysia Rail Lines in Peninsular Malaysia Single lane Existing Double Lane Double Lane – UnderConstruction Kuantan-Kerteh Lane (Petronas– KTMB Operator) 40
Facilities & Infrastructure Airports in Peninsular Malaysia Ports in Peninsular Malaysia 41
Market Access Flight Duration to and from Malaysia 44
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 560 million consumers • Combined GDP of £0.8 trillion • ASEAN Economic Community 2015 45
Strategic Market Access Foreign companies based in Malaysia can enjoy preferential market access via Free Trade Agreements concluded by Malaysia: 46
Why Malaysia 47
Why Malaysia • Political & Economic Stability • Pro-business Government • Liberal Investment Policies • Transparency of Policies • Well Developed Infrastructure • Policy of Welcome • Harmonious Industrial Relations • Trainable & Educated Work Force • Quality of Life • Good Track Record 48
Why Malaysia 49
Thank you for your kind attention • Malaysia: The Premier Investment Destination www.mida.gov.my 50