Visit Malaysia 2007~Celebrating 50 Years of Nationhood

 

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  Business Traveling

 

Economic Strength

  • Natural resources - oil, gas, tin, timber, palm oil, rubber

  • GDP growth - 5.8%

  • Gross national savings - 38.2% of GNP

  • Debt service ratio - 4.3%

  • Unemployment rate - 3.5%

  • Inflation(CPI) - 3.9%

  • Export of manufactured goods - 76.7% 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

 

An Educated Workforce

  • Talented, young, educated and productive workforce

  • Multilingual workforce speaking two or three languages, including English

  • Comprehensive system of vocational and industrial training, including advanced skills training.

  • Harmonious industrial relations with minimal trade disputes

 

Developed Infrastructure

  • Network of well-maintained highways and railways

  • Well-equipped seaports and airports

  • High quality telecommunications network and services

  • Fully developed industrial parks, including free industrial zones, technology parks and Multimedia Super Corridor

  • Advanced MSC Malaysia Cybercities and Cybercentres

 

A Vibrant Business Environment

  • Market-oriented economy

  • Well-developed financial and banking sector, including the Labuan International Offshore Financial Centre

  • Wide use of English, especially in business

  • Legal and accounting practice based on the British system

  • Large local business community with long history in international business

  • Large foreign business community in all business sectors

  • Extensive trade links - country's total trade was valued at RM1.1 thrillion*

 

Quality of Life

  • Friendly and hospitable Malaysians

  • Safe and comfortable living environment

  • Excellent housing, modern amenities, good healthcare and medical facilities

  • Excellent educational institutions including international schools for expatriate children

  • World-class recreational and sports facilities

  • Excellent shopping with goods from all over the world

 

Source: 1. Economic Report 2006/2007
            2. * Malaysia: Performance of the Manufacturing and Services Sectors 2006

 

  Business Contacts

 

National Chamber of Commerce and Industry of Malaysia
37 Jalan Kia Peng, 50450 Kuala Lumpur, Malaysia
Tel: (03) 2141 9600.
Website: www.nccim.org.my

Malaysian International Chamber of Commerce and Industry (MICCI)
PO Box 12921, 50792 Kuala Lumpur, Malaysia
Tel: (03) 6201 7708.
Website: www.micci.com

Malaysian Industrial Development Authority (MIDA)
Block 4, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur, Malaysia
Tel: (03) 2267 3633.
Website: www.mida.gov.my

Malaysian Trade Commission (MATRADE) in the UK
17 Curzon Street, London W1J 5HR, UK
Tel: (020) 7499 5255.
Website: www.matrade.gov.my

 

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