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Why Do Business in Malaysia?

Why Do Business in Malaysia?

Malaysia is fast emerging as a choice destination for international investors and businesses for various reasons:

  • Supported by the local organizations such as MyCEB & MIDA
  • Value for money
  • Strategic location & easy accessibility from most parts of the world
  • Rapid economic development & diversity
  • Comfortable accommodation with Malaysian hospitality
  • Socio-political stability in a multicultural society
  • Fascinating myriad of pre and post-conference activities

Malaysia's Ranking

  • Kuala Lumpur voted as one of the New Wonder Cities - New7Wonders 2014
  • Malaysia ranked 33rd in the Global Peace Index - Global Peace Index (GPI) 2014
  • Top 10th Most Attractive Destination - FDI
  • The 14th Most Competitive Nation in the World - Forbes
  • The 12th in the Ease of Doing Business
  • The 14th Most Competitive in the World
  • The 29th Most Networked Economy
  • Top 10 travel destination - Lonely Planet 2014
  • Malaysia lies in the fusion of it all, into a country that is one of the safest, most stable and easiest to manage in South East Asia. - Lonely Planet
  • Malaysia: 11th Most Travelled To Destination in 2013 - UNWTO, United Nations World Tourism Organisation
  • Malaysia ranks No1 among non-native speaking Asian countries for high proficiency. - English Proficiency Index 2014
  • 6th most price competitive country in the world for travel - Travel & Tourism Competitive Index, World Economic Forum 2014

Key Industry Sectors

Automotive, chemical, commerce & finance, electronics & electrical, furniture, oil & gas, palm oil, renewable energy, rubber, science, technology, textile, timber, halal, Islamic finance, medical science and education

Economic Strength

  • Malaysia offers wide range of natural resources (e.g. crude oil, natural gas, tin, timber, palm oil, rubber).
  • Malaysia’s GDP growth remained resilient at 5.6% in 2012, led by the favourable performance of the manufacturing and services sectors, and supported by robust construction activity.
  • The share of Gross National Savings (GNS) to Gross National Income (GNI) is expected to remained strong at 32.7%, contributed by high private sector savings
  • Per capita income in Malaysia shows increasing figure to RM30, 956 (USD9, 674).
  • Unemployment rate in Malaysia remained low at 3.2%.
  • Inflation (CPI) recorded in moderate percentage at 1.9%.
  • Total trade continues to grow especially in export of manufactured goods in 2012, with 67% of total exports.