UPDATE
Logo

Invest in Malaysia

 

Introduction

As the execution agency for the nation’s investment agenda, MIDA focuses on generating quality investments in new and emerging technologies that are necessary to become a high income nation. MIDA is also looking at ways to rebrand Malaysia’s image as a centre for high technology and global activities. 

To meet the national investment agenda, MIDA has been tasked with enhancing coordination and cohesion among the regional corridors and others agencies in the country on matters related to investment promotion.


Incentives Information Portal (i-Incentives)

I-incentives is a portal that provides information on incentives offered by the Malaysian Federal Government.

Incentive Coordination & Collaboration Office (ICCO) has been established in MIDA with the aims to improve the central coordination of all incentive offerings. This initiative is to enhance the effectiveness of the government’s incentive mechanism by increasing transparency, eliminating duplication and linking to performance.

Visit i-Incentive portal at https://incentives.mida.gov.my.

Partners in Attracting Investments


Incentives


Malaysian Investment Development Authority (MIDA)
Expand / Collapse
Classification of Incentive Product / activity-based incentives
Eligible Sector
  • Manufacturing
  • Services
Product / Activity Incentives based on products/ activities irrespective of project location under the following:

(i) Promoted lists of the Promotion of Investments Act (PIA), 1986;
  • Incentives for General Investments
  • Incentives for High Technology Projects
  • Incentives for Small Scale Companies
  • Incentives for Selected Industries
  • Incentives for Reinvestments

  • (ii) Specific section of PIA, 1986;
  • Incentives for Strategic Projects
  • Incentive for Production of Halal Food Products
  • Incentives for R&D activities
  • Incentives for Technical or vocational training company and private higher educational institution
  • Incentives for Commercialisation of Public

  • Sector R&D Findings in Resource-based and Non Resource-based Industries
    (iii) Income Tax Act (ITA), 1967
    Regional Establishments
  • Aerospace Industry
  • International / Private Schools
  • Treasury Management Centre
  • Healthcare Facilities
  • Domestic Investment Initiatives
  • Recipient of Incentives Manufacturers and companies undertaking services activities
    Incentives and Application Procedures Appendix :

    IA - Incentives for General Investments

    IB - Incentives for High Technology Projects

    IC - Incentives for Small Companies

    ID - Incentives for Selected Industries

    IE - Incentives for Reinvestments

    IF – Incentives under Specific section of PIA, 1986

    IG – Incentives under Income Tax Act (ITA), 1967

    Contact Details

    Malaysian Investment Development Authority (MIDA)
    MIDA Sentral
    No.5, Jalan Stesen Sentral 5
    Kuala Lumpur Sentral
    50470 Kuala Lumpur, Malaysia

    Tel: 603 2267 3633
    Fax: 603 2274 7970
    Email: investmalaysia@mida.gov.my  
    Website: www.mida.gov.my
    Multimedia Development Corporation (MDeC)
    Expand / Collapse
    Classification of Incentive Industry Specific Incentives ICT & Multimedia
    Eligible Sector Services excluding (Manufacturing, trading and consultancy)
    Product / Activity ICT and multimedia activities in Cybercities or Cybercentres
    Recipient of Incentives Companies undertaking services activities in the Cybercities and Cybercentres (MSC-status companies)
    Incentives and Application Procedures Appendix :

    Appendix II

    Contact Details

    Multimedia Development Corporation (MDeC)
    MSC Malaysia Headquarters
    2360 Persiaran APEC
    63000 Cyberjaya
    Selangor Darul Ehsan

    Tel: +603 8315 3000
    Fax: +603 8315 3115
    Email: clic@mdec.com.my
    Website: www.mscmalaysia.my
    Malaysian Biotechnology Corporation Sdn Bhd (Biotech Corp)
    Expand / Collapse
    Classification of Incentive Biotechnology
    Eligible Sector
    • Manufacturing
    • Services excluding (repackaging, trading and consultancy)
    Product / Activity Biotechnology projects as follows :
    • Agricultural Biotechnology
    • Healthcare Biotechnology; and
    • Industrial Biotechnology
    Recipient of Incentives Companies undertaking value-added biotechnology and/or life sciences activities (BioNexus Status companies)
    Incentives and Application Procedures Appendix :

    Appendix III

    Contact Details

    Malaysian Biotechnology Corporation Sdn Bhd (Biotech Corp)
    BioNexus Development Divison Malaysian
    Level 23, Menara Atlan 161B, Jalan Ampang
    50450 Kuala Lumpur

    Tel: +603 2116 5588
    Fax: +603 2116 5528
    Website: www.biotechcorp.com.my
    Halal Industry Development Corporation (HDC)
    Expand / Collapse
    Classification of Incentive Halal Industry
    Eligible Sector
    • Manufacturing
    • Services (Real Estate & Logistics)
    • Primary products
    Product / Activity 5 Products/ Activities :
    • Specialty Processed Food
    • Pharmaceuticals
    • Cosmetics and Personal Care Products
    • Livestock and Meat Products
    • Halal Ingredients
    13 Halal Parks (HALMAS) :
    • Techpark@Enstek, Nilai
    • Palm Oil Industrial Cluster (POIC), Lahad Datu
    • Tanjung Manis Halal Hub
    • Melaka Halal Hub, Serkam
    • Pedas Halal Park
    • Penang International Halal Hub
    • PKFZ Flagship Halal Zone
    • Selangor Halal Hub
    • ECER Pasir Mas Halal Park
    • ECER Gambang Halal Park
    • PERDA Halal Park
    • Sedenak Halal Park
    • POIC Tanjung Langsat
    Recipient of Incentives
    • Manufacturers operating in the Halal parks
    • Halal park Operators; and
    • Halal Logistics Operators
    Incentives and Application Procedures Appendix :

    Appendix IV

    Contact Details

    Halal Industry Development Corporation (HDC)
    5.02, Level 5, KPMG Tower
    First Avenue, Persiaran Bandar Utama,
    Bandar Utama,
    47800 Petaling Jaya, Selangor

    Tel: +603 7965 5555
    Fax: +603 7965 5500
    Website: www.hdcglobal.com
    Malaysia Petroleum Resources Corporation (MPRC)
    Expand / Collapse
    Classification of Incentive Oil & Gas
    Eligible Sector Trading
    Product / Activity Oil and Gas
    Recipient of Incentives Companies which undertake storage and trading operations
    Incentives and Application Procedures

    GIFT Programme (please refer to Labuan Financial Services Authority)

    Appendix :

    Appendix V

    Contact Details

    Malaysia Petroleum Resources Corporation (MPRC)
    Unit 20-11, Level 20
    G-Tower, 199
    Jalan Tun Razak, Kuala Lumpur

    Tel: +603 2858 8555
    Email: gift@mprc.gov.my
    Website: www.mprc.gov.my
    Labuan Financial Services Authority (LFSA)
    Expand / Collapse
    Classification of Incentive Financial & Commodity
    Eligible Sector Services (Financial&Trading)
    Product / Activity
    • Financial
    • Banking
    • Insurance
    • Trading
    • Global Incentives for Trading (GIFT) for :

    Petroleum and petroleum related products including LNG; Agriculture products; Refined raw materials; Chemicals;Base minerals

    Recipient of Incentives Companies undertaking financial and trading activities
    Incentives and Application Procedures Appendix :

    Appendix V

    Contact Details

    Labuan Financial Services Authority (LFSA)
    17th Floor, Main Tower,
    Financial Park Labuan
    Jalan Merdeka,
    87000 Labuan

    Tel: +6087 591200
    Fax: +6087 453442
    Email: communication@labuanfsa.gov.my
    Website: www.labuanfsa.gov.my
    Malaysia International Islamic Financial Centre (MIFC)
    Expand / Collapse
    Classification of Incentive Financial Comprises :
    • Bank Negara Malaysia
    • Securities Commission Malaysia
    • Labuan Financial Services Authority and
      • Bursa Malaysia
      • Other Ministries and Agencies
    Eligible Sector Services - Islamic Finance
    Product / Activity Incentives available for Islamic Finance :
    • Sukuk Origination
    • International Islamic Banking
    • International Takaful Operator
    • Investments in Islamic financial instruments
    • Islamic Finance Talents
    • Islamic Fund Management Companies
    Recipient of Incentives
    • Domestic and Foreign Corporate and Sovereign Issuers
    • Foreign Islamic Banks
    • Foreign Takaful / reTakaful Operators
    • Domestic and Foreign Investors
    • Islamic Finance Talents
    • Domestic and Foreign Fund Management Companies
    Incentives and Application Procedures Appendix :

    Appendix VI

    Contact Details

    Malaysia International Islamic Financial Centre (MIFC)
    MIFC Promotions Unit
    Bank Negara Malaysia
    Jalan Dato' Onn
    50480 Kuala Lumpur

    Tel: +603 2692 3481
    Fax: +603-9179 2239
    Email: mifc@bnm.gov.my
    Website: www.mifc.com
    Iskandar Regional Development Authority (IRDA)
    Expand / Collapse
    Classification of Incentive Locational Incentives - Southern Region (Iskandar Malaysia)
    Eligible Sector Services
    Product / Activity 1. Flagship Incentives Iskandar Malaysia (FIM)
    Promoted services sectors in Flagship Zones:
    • Education
    • Healthcare
    • Tourism

    Five Flagship Zones:
    • Johor Bahru
    • Nusajaya
    • Tanjung Pelepas/Tanjung Pial
    • Pasir Gudang-Tanjung Langsat
    • Senai - Skudai

    2. Medini Incentive Support Package (ISP)
    Promoted services sectors in Medini:
    • Creative
    • Education
    • Financial advisory and consulting
    • Healthcare
    • Logistics
    • Tourism
    Recipient of Incentives
    • Operators undertaking qualifying activities* in the promoted sectors in any of the five Flagship Zones
    • Developers, development managers and operators undertaking qualifying activities** in the promoted sectors in Medini
    • Developers undertaking approved development activities in Medini; and development managers appointed by the developers to provide project management, supervisory, and marketing services
    Incentives and Application Procedures Appendix :

    Appendix VII

    Contact Details

    Iskandar Regional Development Authority (IRDA)
    Incentive Operations Unit
    Iskandar Service Center
    G-01 Blok 8, Danga Bay
    Jln Sukai, 80200 Johor Bahru, Johor

    Tel: +607 233 3000
    Fax: +607 233 3001
    Email: enquiries@irda.com.my
    Website: www.iskandarinvestment.com
    East Coast Economic Regional Development Council (ECERDC)
    Expand / Collapse
    Classification of Incentive Eastern Region (East Coast Economic Region - ECER)
    Eligible Sector
    • Manufacturing
    • Oil, Gas and Petrochemical
    • Tourism
    • Agriculture
    • ICT & Education
    Product / Activity Incentive-based on the qualifiying projects or activities or merit of each investment:
    • Agriculture
    • Agriculture related services
    • ICT development and services
    • Education and training
    • Manufacturing/li>
    • Oil, gas and petrochemicals
    • Manufacturing related services
    • Tourism
    • Culture and heritage
    • IndustrialPark/Free Zone Development & management
    Recipient of Incentives Company undertaking project or activitiy in ECER:
    Developers, development managers and park managers undertaking services activities in industrial park/free zone
    Incentives and Application Procedures Appendix :

    Appendix VIII

    Contact Details

    East Coast Economic Regional Development Council (ECERDC)
    Level 22, Menara 3 PETRONAS
    Kuala Lumpur City Centre
    50088 Kuala Lumpur

    Tel: +603 2035 0021
    Fax: +603 2035 0020
    Email: secretariat@ecerdc.com.my Website: www.ecerdc.com.my
    Sabah Economic Development and Investment Authority (SEDIA)
    Expand / Collapse
    Classification of Incentive State of Sabah (Sabah Development Corridor - SDC)
    Eligible Sector
    • Manufacturing
    • Services
    • Primary (Oil & Gas and Agriculture)
    Product / Activity Incentive-based on qualifying activities in seven Flagship Zones:
    • Tourism Project and Creative Cluster in Kinabalu Gold Coast Enclave (KGCE)
    • Downstream livestock-based manufacturing activities in Flagship Integrated Livestock Valley (ILV)
    • Production of Halal Food, specialty natural products and biotech-related activities in Sabah Agro-Industrial Precint (SAIP)
    • Downstream palm oil-based products in Palm Oil Industrial Cluster (POIC)
    • Manufacturing for medium and heavy industries at Sipitang Oil & Gas Industrial Park (SOGIP)
    • Education at Sandakan Education Hub (SEH)
    • Downstream marine-based products in Marine Integrated Cluster (MIC).
    • Ship building and repair activities in Sepanggar
    Recipient of Incentives Manufacturers and companies undertaking services activities
    Incentives and Application Procedures Appendix :

    Appendix IX

    Contact Details

    Sabah Economic Development and Investment Authority (SEDIA)
    Lot 1, Wisma SEDIA
    Off Jalan Pintas Penampang
    88873 Kota Kinabalu, Sabah

    Tel: +6088 450 650
    Fax: +6088 450 699
    Email: info@sedia.com.my Website: www.sedia.com.my
    Northern Corridor Implementation Authority (NCIA)
    Expand / Collapse
    Classification of Incentive Northern Region
    (Northern Corridor Economic Region – Koridor Utara)
    Eligible Sector
    • Agriculture
    • Manufacturing
    • Tourism
    • Logistics
    Product / Activity Incentive-based on the qualifying activities:
    Agriculture
    • Modern food zone and increase the country’s efficiency in food production.
    Manufacturing
    • High-tech electronics hub and expand the current predominant assembly and test activities to higher value-add activities.
    • To promote new industries – downstream agriculture, biotechnology, sustainable materials, and oil and gas.
    Tourism
    • A premier destination for tourists seeking worldclass resorts, spas and a destination for long-stay vacations.
    • Medical tourism hub which provides high quality and affordable specialist medical procedures.
    Logistics
    • To become a major processing centre and entrepot port.
    • To promote Penang Port as a regional transshipment centre.
    Recipient of Incentives

    The Koridor Utara has 4 targeted economic focus areas, namely agriculture, manufacturing, tourism and logistics.

    These are the region’s existing industries which are to be further transformed and expanded under the Koridor Utara initiative.

    Incentives and Application Procedures

    Project located in the NCIA can avail themselves to products/activities based incentives or industry specific incentives.

    Contact Details

    Northern Corridor Implementation Authority (NCIA)
    Level 20 & 21, Menara KWSP
    No.38 Jalan Sultan Ahmad Shah
    10050 George Town, Pulau Pinang

    Tel: +604 2382888
    Fax: +604 2382998
    Email: enquiry@ecer.com.my Website: www.koridorutara.com.my
    Regional Corridor Development Authority (RECODA)
    Expand / Collapse
    Classification of Incentive State of Sarawak
    (Sarawak Corridor of Renewable Energy - SCORE)
    Eligible Sector Investments in the manufacturing and services sector.
    Product / Activity Energy Intensive Industries
    Recipient of Incentives

    The Koridor Utara has 4 targeted economic focus areas, namely agriculture, manufacturing, tourism and logistics.

    These are the region’s existing industries which are to be further transformed and expanded under the Koridor Utara initiative.

    Incentives and Application Procedures Projects located in the NCER, RECODA , Greater Kuala Lumpur can avail themselves to product / activity-based incentives or industry specific incentives.

    Contact Details

    Regional Corridor Development Authority (RECODA)
    SCORE Investment Team
    2nd Floor, Old State Legislative Building
    Petra Jaya, 93050 Kuching, Sarawak

    Tel: +6082 444 851
    Email: inforecoda@recoda.com.my Website: www.recoda.com.my
    Invest KL
    Expand / Collapse
    Classification of Incentive Greater Kuala Lumpur
    Eligible Sector Investments in the Manufacturing and services sector
    Product / Activity Establishment of OHQ
    Recipient of Incentives -
    Incentives and Application Procedures Projects located in the NCER, RECODA , Greater Kuala Lumpur can avail themselves to product / activity-based incentives or industry specific incentives.

    Contact Details

    Invest KL
    16th Floor, Menara SSM@Sentral.
    No.7,Jalan Stesen Sentral 5
    Kuala Lumpur Sentral
    50623 Kuala Lumpur, Malaysia

    Tel: +603 2260 2270
    Fax: +603 2260 2293
    Email: info@investkl.gov.my Website: www.investkl.gov.my
    Next

    General Guidelines & Facilities

    Manufacturing Sector

    Last Updated : Wednesday 18th January 2017