Malaysia offers a cost-competitive location for investors intending to set up offshore
operations for the manufacture of advanced technological products. Malaysia's key
strengths include well-developed infrastructure and productive workforce. A country
with a well-developed legal system, Malaysia also provides attractive incentives
Infrastructure in Malaysia is designed to serve the business community; it is
one of the best in Asia. Equipped with digital and fibre optic technology, five
international airports (all with air-cargo facilities), well-maintained highways
and seven international seaports make Malaysia an ideal springboard to the
Malaysia offers investors a skilled, knowledgeable and dynamic workforce at very
competitive costs. Malaysia's literacy rates are high and school leavers entering
the job market have at least 11 years of basic education.
Net employment gains driven by mind- and high-skilled job creation
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The technologically-inclined economy of Malaysia is proven through the country's involvement
in advanced electronics manufacturing, R&D, biotechnology, photonics, logistics,design, innovation
and a highly automated manufacturing sector. The Government's objective is also to make Malaysia a
hub for other value chain activities.
Natural resources - crude oil, natural gas, tin, timber, palm oil, rubber.
GDP growth - 5.9% (2017)
Gross national savings - 29.2% of GNI
Per capita income - RM42,228 (2017)
Unemployment rate - 3.4% (2017)
Inflation(CPI) - 3.5% (2017)
Well-developed financial and banking sector, including the
Labuan International Business and Financial Centre Wide use
of English, especially in business, legal and accounting practices
based on the British system.
Malaysia's persistent drive to develop and upgrade its infrastructure
has resulted in one of the most well-developed infrastructure among
the newly industrialising countries of Asia.
The Malaysian Government continues to ensure that,
the country remains an attractive business destination
for investments. In our aspiration to achieve a high-income
economy by 2020, we are doubling our efforts to attract
investments and drive productivity and innovation through
political, economic and regulatory reforms. These efforts
have received worldwide recognition through improved
rankings in reports by various international institutions.
Technological advancement has become an integral part of Malaysia's growth as
an industrialised nation. With the help of technology, Malaysia is one of the
most technologically developed countries amongst industrialising nations in
the ASEAN region.
The workforce here is young, educated and productive. The Government's emphasis
on human resource development ensures the continuous supply of manpower to meet
the needs of the expanding manufacturing and services sectors.
Multilingual workforce speaking two or three languages, including
English, Malay, Chinese & etc. Comprehensive system of vocational
and industrial training, harmonious industrial relations with minimal
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Malaysia has to date attracted more than 5,000 foreign
companies from more than 40 countries to establish their
operations in the country. Many of them have also expanded
and diversified their operations in the country, reflecting their
confidence in Malaysia as a site for their business ventures.
Malaysia's market-oriented economy, supportive government
policies and a large local business community that is ready to do
business with international corporations have made Malaysia a
highly competitive manufacturing and export base.
Government policies that maintain a business environment with
opportunities for growth and profits have made Malaysia an
attractive manufacturing and export base in the region.
Malaysia is among the most friendly and hospitable
places in the world to work and live in, Malaysians
are generally warm, friendly people who easily accept
foreigners into their circle of friends.