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Malaysia in focus
Malaysia’s success as an investment location continues to grow. We look forward to helping you maximise the benefits of a Malaysian investment.
www.pwc.com/my
This material was prepared by PricewaterhouseCoopers (PwC) and is not to be used, distributed or relied upon by any third party without
PwC’s prior written consent. The analysis and opinions contained in this document are based on publicly available sources. PwC has not
independently verified this information and makes no representation or warranty, express or implied, that such information is accurate and/or
complete.
Recipients of this material must make their own independent assessment of the material and neither PwC nor any of its affiliates, partners,
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result of relying on any statement in, or alleged omission from, this material.
PwC
Malaysia is a country on the move. From a nation dependent on agriculture and primary commodities, Malaysia has today become an export-driven economy spurred on by high technology, knowledge-based and capital-intensive industries. We’re proud of how far we’ve come as a multi-sector economy.
Since the 1970s, Malaysia has been the choice destination for many multinational companies due to its geographical location, political stability, reliable infrastructure and attractive incentives. By the 1990s, Malaysia achieved Newly-Industrialised Country (NIC) status, with 30% of exports consisting of manufactured goods.
As Malaysia embarks on its vision to becoming a high income nation by the year 2020, it has positioned the Economic Transformation Programme (ETP) as a key pillar to driving change. The Government is proactively encouraging private investment-led growth with the ETP creating many investment opportunities.
Capitalise on Malaysia’s transformation as this opens up unique investment opportunities, with enhanced financial incentives and business-friendly policies.
The time to invest in Malaysia is now.
Mohammad Faiz Azmi Executive Chairman
Welcome. Selamat Datang.
3
Contents
I. About Malaysia 6
II. The economy 9
III. Business and investment landscape 13
IV. Abbreviations and key contacts 27
5
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Malaysia 29 million
7
Facts and figures
Source: Economist Intelligence Unit (EIU) and Bloomberg
2012 Malaysia
Land area 330,252 sq km
GDP (US$ bln) 237.8
GDP per capita (US$) 8,420
GDP growth (%) 4.8 (est)
Inflation (%) 2.6
Market capitalisation (US$ bln) 411
Equity market return (%) 11.63
Equity market price earning ratio 16.4
Credit rating
- Standard & Poor’s
- Moody’s
A
A3
EIU country risk rating
- Sovereign risk
- Currency risk
- Banking sector risk
BBB
A
BBB
Unemployment rate (%) 3.3%
Note:
Exchange rate (as at 31 May 2012): US$ 1 = MYR 3.1750
A multi-ethnic and multi-cultural country, Malaysia is located at the heart of Southeast Asia.
Malaysia is a nation capitalising on its transformation with over US$400 bln worth of investment opportunities.
PwC
Area Strengths Weaknesses Opportunities Threats
Political
outlook
• A successful
democratic Islamic
state
• Not rocked by any
major racial unrest
since 1969
• The Malay community
holds a constitutionally
enshrined special
position in society
• Prime Minister actioning
reforms and changes –
the Economic
Transformation
Programme (ETP) and
Government
Transformation
Programme (GTP)
• Ethnic tensions
continue to simmer
with threat of
revival of hard-line
Islam
Economic
outlook
• Major world source
for electronics and
computer parts.
• One of the world’s
largest producers of
rubber, palm oil,
pepper and tropical
hardwoods
• Remain as a net
exporter of crude oil
• Relative insulation from
global energy price
shocks being eroded -
to be net importer of
crude oil in few years
time
• To become a major
financial hub over the
medium term
• Private sector-led growth
will improve (government
continues divestment of
state shareholdings into
raise funds to narrow the
budget deficit)
• Threat to long-term
economic stability
(dependence on
migrant labour,
particularly for low-
skilled jobs)
• Government’s
fiscal deficits
could strain
country’s finances
Business
environment
• Standards of
corporate
governance have
improved
• Government offering
attractive tax breaks
and concessions to
foreign companies
• Sustainability of the
national subsidisation
program on capping the
prices of basic
consumer goods
• Dealing with the
politically well-
connected when doing
business in Malaysia
• Free trade agreement
negotiations with the
European Union (EU) as
well as the Trans-Pacific
Partnership may improve
to the country’s business
environment
• With government-linked
companies (GLCs)
transformation, emerging
M&A opportunities
• Waterways and
shipping lanes that
surround Malaysia
will continue to
experience the
threat of piracy and
terrorism
• Malaysia is at risk
of losing out to
China, Vietnam &
Indonesian in the
race for foreign
investment
8
Country overview
Source: Business Monitor International (BMI), Q2 2012
PwC 10
Economic snapshot
Chart 1: GDP contributions by sector
• Services sector accounts for more than half (51%) of Malaysia’s GDP value, followed by manufacturing sector (25%).
• The major services sub-sectors are: Wholesale and retail trade, financial services, government services, real estate and construction.
Chart 2: GDP value and growth, 2003-13
• Post-global financial crisis, Malaysia GDP growth to hover around 5% over 2012-2013.
• Growth will be driven by the Economic Transformation Programme (ETP), which aims to boost both private consumption and investments.
Source: International Monetary Fund (IMF), 2012
Services 51%
Agriculture 12%
Mining 12%
GDP* US$275 bln
-4
-2
0
2
4
6
8
0
50
100
150
200
250
300
350
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
GDP Value GDP Growth
US$ % growth
* GDP at current price
Similar to advanced economies, the services sector is the largest contributor to Malaysia’s GDP, with a consistent year-on-year growth.
Source: Bank Negara Malaysia (BNM), 2012
Manufacturing
25%
PwC 11
Trade overview
• Malaysia continues to show strong trade performance in 2011 despite the slow US economic recovery, Eurozone debt crisis uncertainties and supply chain disruptions from Japan’s tsunami and Thailand’s floods.
Source: BNM, 2012
50
100
150
200
250
300
350
400
450
2006 2007 2008 2009 2010 2011
Exports Imports Total trade
US$ bln
Chart 3: Malaysian trade, 2007 – 2011
"Malaysia is the third most open economy in Asia, after Hong Kong and Singapore”
International Chamber of Commerce (ICC) Open Market Index 2011
PwC
S'pore 13%
China 13%
Japan 11%
Other SEA 15%
Other NEA 11%
EU 10%
North America 10%
Oceania 3%
India 2%
Others 12%
Total
imports US$189 bln
12
• Malaysia is a leading exporter of electrical appliances, electronic parts and components, palm oil and natural gas.
• The major category of imports includes electronics and electrical goods, chemicals and chemical products, machinery, appliances and parts.
S'pore 13%
China 13%
Japan 11%
Other SEA 12%
Other NEA 12%
EU 10%
North America 9%
Oceania 4%
India 4%
Others 12%
Total
exports US$ 229 bln
Source: BNM, 2012
Trade overview
Chart 4: Malaysian exports & imports, 2011
Malaysia has a well established trade relationship within Asia - providing inroads to Southeast Asia economies and its market of over 600 million people.
Notes:
Other SEA: Other Southeast Asia countries
Other NEA: Other Northeast Asia countries
14 PwC
Chart 5: Malaysia business rankings
• Malaysia has a conducive business environment. What makes it:
- Stable. A resilient macroeconomic environment and a sound financial sector.
- Market-oriented. An efficient goods market and large export earner.
- Well connected. World class infrastructure comprising excellent transport connectivity and advanced communications infrastructure.
- Cost effective. Affordable costs of living and doing business.
- Business friendly. Attractive governmental support through government policies and tax incentives.
Malaysia rankings
World Bank Country Income
Group 2012
Upper middle
income economy*
World Bank's Ease of Doing
Business Survey 2012 18th
World Economic Forum (WEF)
World Competitiveness
Ranking 2011-2012
21st
Institute for Management
Development (IMD) World
Competitiveness Ranking 2012
16th
WEF Global Enabling Trade
Ranking 2012 24th
A.T. Kearney FDI Confidence
Index 2012 10th
A.T. Kearney Global Services
Location Index 2011 3rd
MERCER Worldwide Cost of
Living Survey 2011
104th
(out of 214 cities)
ECA International Cost of
Living Survey 2011
33rd (out of
53 cities in Asia)
PwC World Bank Ease of
Paying Taxes 2012 28th
* Countries with GNI per capita of US$3,976 - US$12,275,
Malaysia’s GNI per capita in 2010 was US$7,760
Source: Various sources
Business and investment landscape
PwC 15
Business landscape
Source: Bloomberg, 21 March 2012
Company Industry Sector Market cap.
US$ bln
Revenue
US$ bln
Malayan Banking Banking 21.63 1.84
Sime Darby Holding Companies 18.98 3.62
CIMB Group Holdings Banking 18.37 1.48
Petronas Chemicals Chemicals 17.46 4.65
Public Bank Bhd Banking 15.62 0.99
Maxis Bhd Telecommunication 14.54 0.72
Axiata Group Bhd Telecommunication 14.13 1.35
Genting Bhd Hospitality & Leisure 12.90 1.61
Tenaga Nasional Utilities 11.59 2.78
IOI Corp Bhd Plantations 11.00 1.32
Company Market cap.
US$ bln
Revenue
US$ bln
Malayan Banking 21.63 1.84
CIMB Group Holdings 18.37 1.48
Public Bank Bhd 15.62 0.99
Hong Leong Bank 7.39 0.56
RHB Capital Bhd 5.70 0.63
Company Market cap.
US$ bln
Revenue
US$ bln
Maxis Bhd 14.54 0.72
Axiata Group Bhd 14.13 1.35
DiGi.Com Bhd 9.91 0.49
Telekom Malaysia 6.01 0.78
Time Dotcom Bhd 0.61 0.02
Company Market cap.
US$ bln
Revenue
US$ bln
Petronas Dagangan Bhd 5.91 2.36
Shell Refining 0.97 1.07
Esso Malaysia 0.32 0.87
Company Market cap.
US$ bln
Revenue
US$ bln
Parkson Holding 1.94 0.29
Aeon Co Bhd 1.04 0.26
Store Corp Bhd 0.05 0.14
Suiwah Corp Bhd 0.03 0.02
Parkson Holding 1.94 0.29
Chart 6: Leading corporates
Chart 9: Oil & Gas
Chart 10: Retail
Chart 7: Banking
Chart 8: Telecommunications
16 PwC
Investment overview
• UNCTAD’s World Investment Report 2011 projected that global FDI flows will continue to recover from pre-crisis level to US$1.4-US$1.6 trillion. FDI flows are expected to rise around 12% p.a. to US$1.9 trillion in 2013.
Source: UNCTAD, 2012
983
1,462
1,971
1,744
1,185 1,290
1,509
1,700
1,900
200
700
1,200
1,700
2,200
2005 2006 2007 2008 2009 2010 2011* 2012* 2013*
US$ bln
Chart 11: Global foreign direct investment (FDI) inflows, 2005 – 2013
Malaysia is fast gaining foreign investors interest and is expected to be a beneficiary of global FDI inflow.
17 PwC
• Malaysia FDI inflows in 2011 surged by 12.3% to US$10.8 bln as multinational companies (MNCs) continue to choose Malaysia as their regional investment destination.
• Key FDI inflow by sector in 2011 are: Manufacturing with 50% share, followed by services with 27% and mining 22%.
• Moving forward, FDI will be driven by the Economic Transformation Programme (ETP), which spans across six growth corridors. The key growth corridors and their investment targets are:
- Greater Kuala Lumpur (Greater KL), US$56.7 bln by 2020.
- Iskandar Malaysia, US$94.9 bln by 2025.
- Northern Corridor Economic Region, US$58.3 bln by 2025.
Source: Malaysia Industrial Development Authority (MIDA) , 2012
7,328
9,587
7,956
1,661
9,666
10,854
2,000
4,000
6,000
8,000
10,000
12,000
2006 2007 2008 2009 2010 2011
US$ mln
Investment overview
Chart 12: Malaysia FDI inflows, 2006 – 2011
Malaysia continues to be a choice destination for MNCs, predominantly in manufacturing sub-sector. ETP plays a key role for future FDI inflow.
18 PwC
Approved investments in the manufacturing sector continue to recover in 2011, with a 19% growth.
Source: MIDA, 2012
US$ bln
15.2
19.7 20.7
10.8
15.6
18.5
0
5
10
15
20
25
2006 2007 2008 2009 2010 2011
E&E 39%
Basic Metal 19%
Transport 12%
Chemicals 10%
Food 7%
Petroleum 5%
Non-Metallic 5%
Fabricated Metal 3%
Investment overview
By manufacturing sub-sector, 2011
Chart 13: Malaysia approved manufacturing investments (foreign & domestic)
Malaysia is a hub for manufacturers and is starting to see a revival in investments within this sector.
19 PwC
Turnaround in approved investments in the services sector, recovering to pre-crisis levels.
US$ bln
By services sub-sector, 2011
Source: MIDA, 2012
18.3
21.9
16.5
12.8 12.1
21.2
0
5
10
15
20
25
2006 2007 2008 2009 2010 2011
Real Estate 26%
Transport 18%
Global Operations Hub
15%
Energy 10%
Education 2%
Others 15%
Investment overview
Chart 14: Malaysia approved services investments (foreign & domestic)
Real estate makes up the largest services sub-sector for approved foreign and domestic investments.
Telecommunications
9%
Financial services
5%
20 PwC
• Many prominent MNCs have chosen Malaysia as their regional and global operations.
• The attractiveness of the country’s financial and business environment has helped to attract regional establishments into the country.
• As at 31 December 2011, a total of 217 OHQs were approved with investments of US$758 mln.
Source: MIDA, 2012
No. of regional establishments approved, 31 Dec 2011
Regional Offices 841
(27.5%)
Representative Offices
1,749 (57.2%)
Regional Distribution Centres
28 (0.9%)
International Procurement
Centres 223 (7.3%)
Operational
Headquarters 217
(7.1%)
Investment overview
Chart 15: Established operational headquarters (OHQ) in Malaysia
Malaysia ranks no. 3 in A.T. Kearney’s Global Services Location Index 2011.
21 PwC
A cross section of established OHQs in Malaysia by leading MNCs
Source: MIDA, 2012
Country Name of Company
USA • General Electric
• Du Pont
• Dow Chemicals
• PepsiCo
• Grey Communications
• Hess Oil & Gas
• Air Products
• Henry Schein
• Schlumberger
• Baker Hughes
• Intel
• Transocean
• Agilent
• IBM
• Mars Foods
• Hewlett-Packard
• E-Storm
• Harman
• Kellogg’s
UK • RMC Industries
• British-American Tobacco
• Diagonal Consulting Group
• Avocet Mining
• OHM Surveys
• Fitness First
• G4S Management
• Velosi
Germany • BASF
• Meuhlbauer
• Eppendorf
• Arvato
• Siemens
• Nordenia
• Bayer
• Binder
• A.Hartodt
Switzerland • Novartis Corporation
• SBM Group
• Omya Group
• Tetra Pak
France • Lafarge
• Thales International
• Monier
Netherlands • Flexsys
• Prometric
• Friesland Foods
• Dow Corning
• Barry Callebaut
• Organon
• Mammoet
• Subsea
• Core
• Acision
Sweden • Volvo
• Ascom
• UCB Group
Norway • Aker Kvaerner
• Wilhelmsen
• AGR
Investment overview
PwC 22
Transforming Malaysia
The New Economic Model is a framework which aims to turn Malaysia into a high income nation that is competitive, sustainable and inclusive.
Overview of Malaysia’s New Economic Model (NEM)
PwC
ETP (Economic
Transformation
Programme)
GTP (Government
Transformation
Programme)
1MY (1 Malaysia concept)
Corporate
Government
People
12 NKEAs + 6 SRIs
7 NKRAs + MKRAs
7 initiatives/clusters
National Key Economic Areas
(NKEAs)
Areas of economic focus:
• Oil, gas & energy
• Palm oil & rubber
• Financial services
• Wholesale &
retail trade
• Communications
content & infrastructure
• Tourism
• Business services
• Health services
• Electronics & electrical
• Education
• Agriculture
• Greater KL
Strategic Reform
Initiatives (SRIs)
Enablers to achieve competitiveness:
• Government’s facilitative role in business
• Public finance reform
• Human capital development
• International standards & liberalisation
• Public service delivery
• Narrowing disparities
National Key Result Areas (NKRAs)
Most important areas of improvements for the people:
• Reducing crime
• Fighting corruption
• Improving student outcomes
• Raising living standards of low-income households
• Improving rural basic infrastructure
• Improving urban public transport
• Reducing the cost of living of the people
Ministerial Key Result Areas (MKRAs)
Other important areas of improvements not
covered under NKRAs:
• Will be addressed under each Ministry
(e.g. faster delivery)
• Each Ministry may have different number
of areas to be addressed
+
+ 1 Malaysia (1MY)
Initiatives in 7 clusters:
• Government
• Politics
• Economy
• Education
NEM = ETP + GTP + 1MY
23
• Social interaction
• Media
• Religion
Source: PwC Analysis; PwC Alert (Issue
88): Seizing ETP opportunities; NEM, Part
1: Executive Summary; GTP Roadmap;
PEMANDU and related press releases
Transforming Malaysia “The ETP is essentially an economic road map for Malaysia, co-created by the private sector and the government to achieve developed nation status in 2020.”
Dato’ Sri Idris Jala Chief Executive Officer,
Performance Management and Delivery Unit (PEMANDU)
PwC
Participating in Malaysia’s transformation
Being part of the growth equation
The ETP (Economic Transformation Programme) will play a pivotal role in transforming Malaysia into a high-income nation by 2020. One of the ETP’s top priorities is to facilitate global companies’ efforts to make Malaysia their base. Here are 4 steps for global investors to harness project synergies and generate value from strategic projects.
Strategic
& detailed
investment case
Robust
investment
analysis
Your high level pitch should include clear:
• analysis of how the project addresses issues & opportunities
identified by the ETP labs
• estimate/range of potential GNI & employment impacts
• articulation of support you may need from the Government
Four steps to becoming an ETP project If there are positive signals on the strategic investment case for your
pitch, the Government will ask for a detailed analysis and business
case be prepared
• Provide a detailed analysis which gives a robust estimate on the project’s impact on GNI,
employment & investment
• Appropriate PEMANDU (Performance Management & Delivery Unit) NKEA (National Key Economic
Area) sector director and team can be engaged to help facilitate the project
• These include meetings with various Government ministers and ministry officials
• These project meetings are important to secure the necessary support and to facilitate fast and
successful implementation of the project
• Any issues that cannot be easily solved can be escalated through problem solving meetings
chaired by PEMANDU
Government includes relevant line ministries, PEMANDU, Economic Planning Unit,
MIDA (Malaysian Industrial Development Authority) and Ministry of Finance
Execute &
follow-up
2
3
4
Engage
Government
early 1
Economic growth opportunities
24
Source: PEMANDU, PwC Analysis; PwC Alert
(Issue 88: Seizing ETP Opportunities)
PwC 25
Examples of growth opportunities across 12 National Key Economic Areas
Participating in Malaysia’s transformation
Oil, Gas and Energy
• Oil fields: Intensify exploration,
enhance oil recovery, rejuvenate
mature oil fields and explore marginal
oil fields
• Oil-field service and equipment
operations
• Energy: Nuclear and renewable
(hydroelectricity and solar)
Financial Services
• Develop regional banking champions
• Global hub for Islamic finance
• Revitalise the capital market
• Create integrated payment eco-system
• Develop asset management industry
Palm Oil
• Oleochemical derivative products
• Food and health-based downstream
segments
• Improve fresh fruit bunch yield
• Accelerate replanting of palm oil
• Develop 2nd generation bio-fuel
Wholesale and Retail
• Develop Malaysian concept shopping
centres overseas
• Large format stores*
• Community markets
• Make Malaysia duty-free
• Modernise small retailers
Healthcare
• Export of generic drugs
• Health metropolis
• Health travel
• Develop medical hub
Education
• Early childcare and education
centres
• International schools
• Private teacher training
• Private skills-training
• Build discipline cluster in health
science, engineering, science,
innovation, business, finance and
hospitality
Agriculture
• Agriculture biotechnology
• Production of swiftlet nests
• Scale up paddy production
• Aquaculture
• Premium fruits and vegetable
Greater KL/Klang Valley
• Integrated urban Mass Rapid Transit
• High-speed KL-Singapore rail
• Attract 100 of the world’s dynamic
firms in priority sectors
• Revitalise the Klang River into a
heritage and commercial district
* Stores of 3,000 to 5,000 sq m or larger e.g. hyperstore and superstore
Tourism
• Improve rates, mix and quality of
hotels
• Increase medium-haul flights/tourists
• Promote biodiversity and develop
ecotourism and eco-nature resort
• Create a Straits Riviera cruise
destination
Business Services
• Aviation maintenance, repair and
overhaul services
• Global business outsourcers and
shared service centre
• Data centre hub
• Green technology industry
• Engineering services
Electronics and Electrical
• Light emitting diode, develop Solid
State Light hub
• Semiconductor: fabrication,
assembly, testing, packaging and
circuit design
• Solar wafer, cell and silicon
production and design
Communications Content and
Infrastructure
• Expand broadband coverage
• Extend regional telecommunication
network
• Content development: creative
content, e-commerce, e-healthcare,
e-learning and e-government
Source: PwC Analysis; PwC Alert (Issue 88):
Seizing ETP opportunities
PwC
Chart 16: Malaysia’s six growth corridors - targeted investment sectors Malaysia’s growth corridors contribute an estimated 62% of total investment approved at US$11.4 bln in 2011
26
Source: PwC analysis, 2012
Sabah Development
Corridor (SDC)
• Tourism
• Logistics
• Agriculture
• Manufacturing
Greater KL
• Wholesale & retail hub
• Transportation hub
• Financial services
• Education
• Healthcare (incl telehealth)
• Shared services and
outsourcing
• Tourism
Northern Corridor
Economic Region
(NCER)
• Agriculture
• Manufacturing -
E&E, oil & gas,
biotechnology
• Tourism
• Logistics
East Coast Economic
Region (ECER)
• Hospitality & leisure
• Oil, gas and
petrochemical
• Manufacturing
• Agriculture
• Education
Iskandar Malaysia (IM)
• E&E
• Petrochemicals &
oleochemicals
• Food & agro processing
• Logistics & related services
• Tourism
• Healthcare
• Education
• Financial services
• Creative industries
Sarawak Corridor of Renewable
Energy (SCORE)
• Manufacturing
- oil-based, glass, timber
• Mining
- aluminium, steel
• Agriculture
- palm oil, livestock,
aquaculture
• Services
- tourism, marine engineering
Investment target:
US$58.3 bln by 2025
Investment target:
US$94.9 bln by 2025
Investment target:
US$ 36.9 bln by 2020 Investment target:
US$25.5 bln by 2020
Investment target:
US$65.9 bln by 2020
Investment target:
US$56.7 bln by 2020
( GNI contribution
US$ 214.3 bln)
ECER
NCER
IM
Greater
KL
SCORE
SDC
Participating in Malaysia’s transformation
PwC 28
Abbreviations
Abbreviation Full term
1MY 1 Malaysia
BMI Business Monitor International
BNM Bank Negara Malaysia
(Central Bank of Malaysia)
ECER East Coast Economic Region
EIU Economist Intelligence Unit
ETP Economic Transformation Programme
EU European Union
E&E Electronics and electrical
FDI Foreign direct investment
GDP Gross domestic product
GLC Government-linked companies
GNI Gross national income
GTP Government Transformation
Programme
ICC International Chamber of Commerce
IM Iskandar Malaysia
IMD Institute for Management Development
IMF International Monetary Fund
KL Kuala Lumpur
Abbreviation Full term
MIDA Malaysian Investment Development
Authority
MKRA Ministerial Key Result Area
MNC Multinational companies
NCER Northern Corridor
Economic Region
NEA Northeast Asia
NEM New Economic Model
NKEA National Key Economic Area
NKRA National Key Result Area
OHQ Operational headquarters
PE Price earning ratio
PEMANDU Performance Management &
Delivery Unit
SCORE Sarawak Corridor of Renewable
Energy
SDC Sabah Development
Corridor
SEA Southeast Asia
SRI Strategic Reform
Initiatives
UNCTAD United Nations Conference on
Trade and Development
WEF World Economic Forum
PwC
Key contacts
PwC Malaysia Level 10, 1 Sentral Jalan Travers Kuala Lumpur Sentral PO Box 10192, 50706 Kuala Lumpur, Malaysia
Tel: +60 (3) 2173 1188 Fax: +60 (3) 2173 1288
Email: [email protected] Website: www.pwc.com/my Assurance Services Pauline Ho Tel: +60 (3) 2173 0946 [email protected] Tax Services Jagdev Singh Tel: +60 (3) 2173 1469 [email protected] Advisory Services Tan Siow Ming Tel: +60 (3) 2173 1228 [email protected]
29
Organisation Website
InvestKL www.investkl.gov.my
Economic Planning Unit www.epu.gov.my
Malaysian Investment Development Authority (MIDA) www.mida.gov.my
Malaysia External Trade Development Corporation
(MATRADE) www.matrade.gov.my
Ministry of International Trade and Industry Malaysia (MITI) www.miti.gov.my
Performance Management & Delivery Unit (PEMANDU) www.pemandu.gov.my
East Coast Economic Region www.ecerdc.com/ecerdc/
1Malaysia Development Berhad
(KL International Financial District)
www.1mdb.com.my/klifd/klifd-
greater-kuala-lumpur
Multimedia Super Corridor www.mscmalaysia.my/
Iskandar Malaysia www.irda.com.my/
Northern Corridor Economic Region www.ncer.com.my/
Sarawak Corridor of Renewable Energy www.sarawakscore.com.my/
Sabah Development Corridor www.sdc.gov.my/sabahdc/
Malaysia
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