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Transportation Industry – Shipbuilding & Ship Repair

Shipbuilding &
Ship Repair

Malaysia’s strategic location on an important sea -lane has made the country well-positioned to access global trade routes. The Greek geographer Ptolemy described us as the “Golden Khersonene,” meaning Golden Peninsula in his atlas Geographica in AD 150.

In modern times, the Malaysian shipbuilding and ship repair (SBSR) sub-sector encompasses companies that manufacture seagoing vessels and marine equipment, as well as providers of related services including ship repair, design, upgrade/ conversion of vessels and maintenance, repair and overhaul (MRO).

6

Projects Approved

RM47.7 mil

Total Approved Investments
in 2020

80%

204

New Job
Opportunities

RM47.7 mil

Total Approved Investments
in 2020

6

Projects Approved

204

New Job
Opportunities

For more statistics, please click here.

99

Registered Shipyards undertaking SBSR activities in Malaysia

31 are located in Peninsular Malaysia and 68 in Sabah and Sarawak.

30,000

Deadweight Tonnage (DWT)

Malaysia has the capability of building vessels up to 30,000 Deadweight Tonnage (DWT).

Government Support

The iIncentive for the SBSR industry was introduced in 2016 for new and existing companies will still be available beyond 2020. It allows new companies to apply for either Pioneer Status with 70% of Income Tax Exemption on statutory income for a period of 5 years or Investment Tax Allowance of 60% on the qualifying capital expenditure incurred within 5 years from the date the first qualifying capital expenditure is incurred. Existing companies will be able to apply for Investment Tax Allowance of 60% on the additional qualifying capital expenditure incurred within 5 years.

Get Started

MIDA provides comprehensive support to your business as you consider the competitive and comparative advantages Malaysia has to offer for your investment. Explore our dedicated resources, wide range of facilities or consultation services to assist you in expanding your operations here.
Learn more about the essential forms and guidelines to help you get started on your journey in Malaysia’s manufacturing sector.
Company can submit application and track the application status online via MIDA InvestMalaysia portal at investmalaysia.mida.gov.my
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