Presentation is loading. Please wait.

Presentation is loading. Please wait.

INVESTMENT & BUSINESS OPPORTUNITIES IN MALAYSIA

Similar presentations


Presentation on theme: "INVESTMENT & BUSINESS OPPORTUNITIES IN MALAYSIA"— Presentation transcript:

1 INVESTMENT & BUSINESS OPPORTUNITIES IN MALAYSIA
IRELAND MALAYSIA ASSOCIATION (IMA) BREAKFAST BRIEFING 28 NOVEMBER 2012 (WEDNESDAY ) WESTIN HOTEL, WESTMORELAND STREET, DUBLIN 2 REPUBLIC OF IRELAND

2 CONTENT OUTLINE About MIDA Investment Trends
Business Opportunities in the Manufacturing & Services Sectors Investment Policies ASEAN MALAYSIA -Your Profit Centre in Asia

3 MILESTONES The principal Malaysian Government agency responsible for the promotion and coordination of industrial development in the country First point of contact for investors who intend to set up projects in the manufacturing and services sectors in Malaysia 2011 2011 : Rebrand as Malaysian Investment Development Authority 1979 27 March 2004 : Government Mandated MIDA to Promote Investments in the Services Sector Established in 1967 under Act of Parliament, 1965 FIDA -1967 3

4 Follow-up & Monitoring
FUNCTION OF MIDA Foreign Direct Investment Domestic Investment Business matching through E-Connect Manufacturing Services Promotion Evaluation Planning Follow-up & Monitoring Manufacturing licenses Tax incentives Expatriate posts Duty exemption OHQ, RDC, IPC and R&D status Planning for industrial development Recommend policies and strategies on industrial promotion and development Formulation of strategies, programmes and initiatives for international economic cooperation Assist companies in the implementation and operation of their projects Facilitate exchange & co-ordination among institutions engaged in or connected with industrial development Advisory Services 4

5 MIDA “ONE STOP CENTRE” Based In MIDA Based outside of MIDA
Department of Occupational Safety and Health (DOSH) Ministry of Finance Ministry of Health Ministry of Tourism Ministry of Human Resource Ministry of Higher Education Multimedia Development Corp. (MDeC) Construction Industry Development Board of Malaysia (CIDB) Based In MIDA Immigration Department Royal Malaysian Customs Department of Environment Tenaga Nasional Berhad Telekom Malaysia Berhad Labour Department 5

6 MIDA WORLDWIDE NETWORK
Stockholm London Frankfurt Boston San Jose Chicago Munich Paris Tokyo Milan Seoul New York Los Angeles Osaka Shanghai Houston Dubai Guangzhou Taipei Mumbai Bangkok Kuala Lumpur Malaysia Singapore Johannesburg Sydney 24 Overseas Centre 6

7 MIDA’S STATE OFFICES 12 STATE OFFICES 7 MIDA HEADQUARTERS ALOR SETAR
KOTA BHARU KOTA KINABALU PENANG KUALA TERENGGANU IPOH SHAH ALAM KUANTAN MIDA HEADQUARTERS SEREMBAN MELAKA JOHOR BAHRU KUCHING 7

8 REGIONAL ECONOMIC CORRIDORS IN MALAYSIA
NCER : NORTHERN CORRIDOR ECONOMIC REGION Agriculture Tourism & Healthcare Manufacturing Education SDC : SABAH DEVELOPMENT CORRIDOR Agriculture Tourism Manufacturing Logistics ECER : EAST COAST ECONOMIC REGION Agriculture Tourism Manufacturing Education Oil, Gas & Petrochemical IRDA : ISKANDAR MALAYSIA Tourism Related Services Healthcare Education Services Logistics Creative Industries Financial Advisory SCORE: SARAWAK CORRIDOR OF RENEWABLE ENERGY Agriculture Tourism Manufacturing Oil based sectors 8

9 Investment Trends Investment Trends

10 APPROVED PROJECTS BY MAJOR COUNTRIES JANUARY – AUGUST 2012
US$ Million 10

11 Approved Projects With Participation From Ireland,
2008 – AUGUST 2012 Year No. of Projects Employment Total Investments (US$ Million) 2008 1 25 0.89 2009 - 2010 2011 36 6.11 Jan-Aug 2012 Total 2 61 7.00 11

12 Major Irish Companies In Malaysia
Companies/location Activities Asia Pacific Refinery (M) Sdn Bhd (Terengganu) Liquified petrolium gas (LPG), gasoline, diesel, kerosine, jet fuel Davatron (M) Sdn. Bhd. (Malacca) PCB assembly for industrial electronic applications & system integration Gateway 2000 (M) Sdn. Bhd. Computers including in semi-knocked down form Mivan Far East (M) Sdn. Bhd (Selangor) Moulds for concrete 12

13 Business Opportunities In The Manufacturing & Services Sectors

14 ESTABLISHMENT OF 12 NATIONAL KEY ECONOMIC AREAS (NKEAs)

15 PROMOTED ACTIVITIES IN THE MANUFACTURING SECTOR
High technology, capital intensive & knowledge driven industries: Industries manufacturing intermediate goods: Alternative Energy Sources Biotechnology Advanced materials Advanced electronics Optics and photonics Petrochemicals Pharmaceuticals Medical devices ICT Aerospace Machinery & equipment Components & parts Moulds and dies Resourced-based industries: Food Value-added products from natural resources

16 PROMOTED ACTIVITIES IN THE SERVICES SECTOR
Targeted Services Regional Establishments Business and professional services Logistics ICT Services Offshore and outsourcing activities Distributive trade Education and training Health Tourism

17 Investment Policies

18 Liberal Expatriate Post Approvals
Foreign Equity Repatriation of Funds Liberal Expatriate Post Approvals 18

19 Incentives MAJOR INCENTIVES PROVIDED Pioneer Status (PS)
Income Tax Exemption 70 % to 100 % for 5 to 10 years Investment Tax Allowance (ITA) 60 % to 100 % on qualifying capital expenditure for 5 years Reinvestment Allowance 60% on qualifying Capital Expenditure for 15 years Exemption from Import Duty & Sales Tax on Raw Materials/Components/ Machinery & Equipment 19

20 DOMESTIC DIRECT INVESTMENT (DDI) INITIATIVES
Domestic Investment Strategic Fund Incentives for Acquiring a Foreign Company for High Technology Incentives for Small Scale Companies Incentives for Companies in Production Incentives for Merger Among Malaysian Services Providers

21 ASEAN 21 Malaysia: Your Premier Investment Destination 21

22 ASEAN ECONOMIC COMMUNITY (AEC)
The AEC is a single market production based, and is an attractive investment destination with 600 million population combined GDP of US$1.8 trillion global trade of US$2.1 trillion Zero tariffs – 99% of products Intra-ASEAN trade valued at more than USD 500 billion (25.4% of total global ASEAN trade) 22

23 GATEWAY TO ASEAN AND ASEAN ECONOMY
Strategic location: Malaysia is a gateway to other markets with preferential access through Free Trade Agreements (FTAs) ASEAN Potential market of 2.7 billion Tariff reduction and elimination mostly by 2016 REGIONAL / BILATERAL FTAS China Chile Korea Japan India Australia New Zealand Strategic location: Malaysia is a gateway to other markets with preferential access through Free Trade Agreements (FTAs) Potential market of 1.08 billion ON-GOING FTA NEGOTIATIONS TPP EU Turkey 23

24 MALAYSIA-YOUR PROFIT CENTRE IN ASIA
Political & Economic Stability Pro-business Government Liberal Investment Policies Transparent Policies Policy of Welcome Sound Banking System Well Developed Infrastructure Harmonious Industrial Relations Trainable & Educated Labour Force Quality of Life Excellent Track Record

25 Thank You. Please visit us at: www.mida.gov.my
Najihah Abas 17, Curzon Street London W1J 5HR United Kingdom or


Download ppt "INVESTMENT & BUSINESS OPPORTUNITIES IN MALAYSIA"

Similar presentations


Ads by Google