Section Heading

Malaysia - Setting the Stage

Section Heading

setting-stage

 

setting-stage-title

Strategically located in the heart of South East Asia, Malaysia is the perfect hub for any business. Extending your reach into Asia, the fastest growing economy in the world, Malaysia provides excellent market access granting it as a hotspot for foreign direct investments in Asia Pacific.

With a well-developed infrastructure and high skilled workforce, Malaysia remains competitive** and committed in supporting a market oriented economy through its pro-business Government policies. Its aspiration in becoming a high income nation has motivated technological adoption in every aspect of the economy, extending the benefits to its people.

 

Malaysia's Economic Strength

  •  

    Workforce:
    14.92 million

  •  

    GDP:
    RM 1,107.9 billion
    GDP Growth:
    4.5%

  •  

    Inflation rate:
    1.9%

  •  

    Natural resources:
    Crude oil, Natural gas,
    Tin, Timber, Palm Oil, Rubber.

Major Exports

  •  

    Electrical and Electronics product

  •  

    Chemical and Chemical product

  •  

    Petroleum product

  •  

    Liquified Natural Gas(LNG)

  •  

    Palm oil & Palmbased product

  •  

    Machinery, Appliances & Parts

** Malaysia ranked 23rd on the World Bank Doing Business 2017 report by World Bank
** Malaysia ranked 19th on the World Competitiveness Yearbook 2016 by Institute of Management Development (IMD)
Source: Malaysian Investment Development Authority (MIDA); Department of Statistics, Malaysia