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Malaysia boasts a diversified export base that features agriculture, forestry, and commodities, as well as minerals, energy, manufacturing, and machinery. The government also continues to look at ways it can end its reliance on imports in certain sectors. Utilising Malaysia market entry services can set your firm up for long-term success.
The country boasts many natural resources, including oil, gas, timber, and rubber, which have contributed to its economic growth. Opportunities involving these can be found both upstream and downstream, although each industry has different regulations that must be considered.
The country is open to international trade and investment and has rolled out a range of government policies intended to encourage various activities. These include competitive tax incentives and support initiatives. Overall, Malaysia is seen as being a very investor-friendly market.
Elsewhere, the country has one of the highest living standards in Southeast Asia and a low unemployment rate. Malaysia is also working toward advanced economic status and greater inclusion by focusing on a range of development issues such as equity, inclusiveness, environmental sustainability, human capital development, and infrastructure.
Malaysia has maintained positive economic relationships with China and Western countries, meaning reaching other markets from here may be possible.
Local relationships are critical for a successful investment in Malaysia. Although perhaps less complex than other ASEAN nations, regulation still requires expertise and tact to navigate. This is where Asian Insiders can assist, having successfully partnered with numerous other businesses.
Asian Insiders will connect you to the right partners for your plans and engage closely with your medium to long-term objectives in the country. We can also advise you on the tax incentives and support initiatives that may be available.
Click here to take our Readiness Check to see if you’re ready to enter Malaysia
Perhaps we can help you – so connect with us here. We’re ready to engage you – let us know how to help you improve your impact in Asia.
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