Date: Sunday 19-May-13


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Why Malaysia

Introduction

Economic Strength
» Natural resources - crude oil, natural gas, tin, timber, palm oil, rubber.
» GDP growth - 5.6% (2012)
» Gross national savings - 32.7% of GNI
» Per capita income - RM30,956 (USD9,674)
» Unemployment rate - 3.2%
» Inflation(CPI) - 1.9%
» Export of manufactured goods 2012 - 67% 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 (MSC)
» Advanced MSC Malaysia Cybercities and Cybercentres
Vibrant Business Environment
» Market-oriented economy
» 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
» Large local business community with a long history in international business links
» Large foreign business community in all business sectors
» Extensive trade links - country's total trade was valued at RM1.31 trillion in 2012
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 2012/2013
2.Matrade Press Release: Malaysia's Trade Performance in 2012



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