English

|

|

This site
is mobile
responsive


Transport 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).

91

New Job
Opportunities

RM357.20 mil

Total Approved Investments
in 2019

80%

4

Projects Approved

RM357.20 mil

Total Approved Investments

4

Projects Approved

91

New Job
Opportunities

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 a capability of building vessels up to 30,000 Deadweight Tonnage (DWT).

Government Support

Incentive for the SBSR industry was introduced in 2016. 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.
Submit your application for a Manufacturing License or other incentives here
wpChatIcon
Malaysia is gradually reopening its borders. Your business is important to us, and so is your health. Please click here to find out more on One Stop Centre for Business Travellers and Covid-19 updates. Business Travellers can continue to apply to enter Malaysia via OSC during the Movement Control Order period.
X
X