Capable Workforce

The country’s young, capable workforce is another key benefit for investors. It has a well-educated and skilled workforce with proficiency in English, making it an attractive destination for businesses looking to set up operations in the region. Additionally, Malaysia has a strong focus on education and training, with a range of initiatives aimed at developing skilled workers. When you set up your business in Malaysia, you can tap into a pool of well-equipped talent to meet the needs of businesses operating in a wide range of secondary and tertiary sectors.

Rapid Development

As a beacon of the developing world, Malaysia has experienced strong economic growth in recent years, with a GDP growth rate of around 5% per annum. This has been driven by a focus on developing its manufacturing, services, and technology sectors, as well as a range of government initiatives aimed at promoting economic growth. As a result, Malaysia has become a hub for international investment, with a wide range of multinational companies setting up operations in the country.

Stable Government

Malaysia is a parliamentary democracy that follows the Westminster style of government. It has close ties to the British Commonwealth, the Organization of Islamic Countries (OIC), ASEAN and China. This has created a favorable business climate that is attractive to foreign investors. Malaysia's new government is also committed to promoting foreign investment, with policies aimed at reducing bureaucratic red tape and providing incentives for foreign investors.

Favourable Investment Climate

Building on its manufacturing successes in the 80s and 90s, the Malaysian government has prioritised policies to promote foreign investment, particularly in the manufacturing and technology sectors. The government offers tax incentives, simplified regulatory procedures, and other benefits to investors. Malaysia's pro-business environment and supportive government make it an attractive destination for foreign investment. Additionally, the country has a well-developed common law legal system with a strong framework for alternative dispute resolution and property rights.