Malaysia - Overview

Malaysia is strategically located within South East Asia and is a founding member of ASEAN (Association of South East Asian Nations).

With a market-orientated economy and pro-business Government policies, Malaysia represents a dynamic and vibrant business environment with well-developed infrastructure and a productive workforce.

Important economy factors* :
Population (29.5million)
GDP (National / USD312.5billion)
GDP (Per Capita / USD10,500)
Exports (% of GDP / 83%)

Important business factors**:
• advanced cybercities
• intellectual property protection
• liberal exchange control regime
• fully developed technology parks
• attractive tax and other incentives
• international seaports (seven, all with 24/7 facilities)
• international airports (five, all with air cargo facilities)
• telecommunications (digital and fibre optic technology)
• fully developed industrial parks and duty free industrial zones
• legal and accounting practices based on the British system
• workforce speaking two or three languages, including English
• highways (among the best in the world, and connecting Singapore through Malaysia to Thailand)
• well-developed financial and banking sector, including off-shore banking

Important family factors*** :
• Top 10 World Tourist Destination
• Top 5 World Shopping Destination
• living environment (safe and comfortable)
• family environment (good housing and healthcare facilities)
• education environment ( international schools and global universities)

* World Bank / 2013
** Malaysian Industrial Development Authority
*** Malaysian Industrial Development Authority, World Tourism Organisation and CNN Travel