Meet Asia’s Regional
Asia’s emergence as a global economic powerhouse has shifted the focus of major MNCs to this region.
Many of these MNCs have chosen Malaysia as their base for managing their regional expansion through establishments such as Operational Headquarters (OHQ), International Procurement Centres (IPC), Regional Distribution Centres (RDC), Global Operation Hubs (GOH), Treasury Management Centres (TMC) and Principal Hubs (PH).
Since 2006 until March 2020, MIDA has approved a total of 347 global/ regional establishment projects involving total investment of RM469 billion and creation of 36,693 high value job opportunities in Malaysia.
Centre of Excellence
Introduced in 2015, the Principal Hub scheme offers an additional advantage to companies seeking to leverage
on Malaysia as their centralised operating base to conduct its regional and global business operations.
Total Approved Investments
High Value Job Opportunities
MNCs across various industries such as electrical and electronics, machinery, chemical, oil and gas, ICT and F&B have leveraged on the Principal Hub scheme. These establishments adopt various business models such as Distribution Hubs, Procurement Hubs, R&D Hubs and Centres of Excellence to serve the regional or global market. The scheme supports diverse business models and pushes the transition of companies into the top-tier management functions involving strategic decision-making and risk management. Eligible companies are required to meet commitments such as business spending, high-value job creation, sales turnover and serving of network companies.
Regional/Global Operation/Principal Hub
Over the past few years we went through a thorough evaluation process to find the best possible Headquarters location. Our focus was predominantly on customer proximity, talent pool, supply chain and especially government support. Since we set foot in Malaysia, we have been enjoying tremendous support from the Malaysian Government and hence couldn't have chosen a better location. The better acquisition process for our 50 acres of land was accomplished in merely less than four weeks. In today's world, where time and agility has become critical, in our 30-year experience, such business support is simply unheard of.