Investing in Malaysia

 Since the early 1990’s the Malaysian government has focused on middle-eastern countries to invest in the country. Many trade delegations (including seminars and workshops) has been sent to Saudi Arabia, Iran, Egypt etc, to explain the trading opportunities and incentives offered by the government. These offers have brought Arab businessmen flocking to Malaysia.

They are new reaping the fruits of their investments. Realising the enormous opportunities available, many have recommended their follow businessmen to go into joint venture projects with local entrepreneurs.

Our company, Splendid Millennium Sdn Bhd can advise you on all aspects of investment in Malaysia.

 

The reasons why Arab countries find Malaysia attractive are as follows:

 

1. The country is politically stable and is a very safe place to stay.

2. Business is conducted in both English and Bahasa Malaysia, which greatly facilitate negotiations    between parties.

3. To encourage foreign investors, the authorities has offered many incentives, exemptions and waivers example, pioneer status, whereby manufacturers are exempt from corporation tax for the initial 5 years. Licenses and permits for special ventures are preferentially given to foreign investors.

4. There are professionals and skill labour at all levels and sectors of industries.

5. Communication, in terms of transport, is considered amongst the best in the world. High ways seaports, cargo train, etc, are well connected to all cities and towns.

6. To further encourage the manufacturing sector, FREE TRADE ZONES, has been established in many parts of the country. Freehold land is sold to venturers to build factories for their intended product.

7. A further attraction for foreign investors in Malaysia, is that not only manufacturing amenities are excellent but the country is located in a strategic part of South East Asia. Manufactured goods can be exported and marketed to USA, Europe, Japan and China.

 

SECTORS FOR INVESTMENT

 

  The sector of investment for the investor to choose is plentiful depending on their specialty and preference. Under the current Economic Policy the government encourages foreign investors to go into 2 main sectors.

a.     All fields of manufacturing, which employ local labour ,

This is in line with the government VISION 2020, to establish Malaysia as an industrialised nation.

b.    Agriculture too has been given top priority.

This coyer all kinds of plantation, including oil palm, rubber, fruit trees, etc,

Emphasis has been given to high-tech food industries especially those related to HALAL food.

OTHER SECTORS

1. Opportunities are there in the petroleum and gas industry both upstream and downstream.

2. In the timber industry, investors can venture into the furniture and paper manufacturing.

3. Many Iranian investors are in the IMPORT-EXPORT TRADING, dealing in food products like Arabian condiments and sweets.

4. Banking and Finance, Banks like AL Rajhi has established branches in Kuala Lumpur, as it taps the financial opportunities available.

5. In INFORMATION TECHNOLOGY to the government encourage investors to venture into the electronic industries.

Our company, Splendid Millennium Sdn Bhd can plan and advise you which sector of investment you wish to go into.

                                 

 Contact us for more information