Malaysia Hotline: +603- 2141 8908
Continuous Economic Growth
Malaysia's
pragmatic and flexible management approach has enabled the economy to raise its
competitiveness and enhance its resilience in facing challenging circumstances.
Deliberate measure has been taken to make the economy more diversified and
broad-based to ensure sustainable growth. Continuous efforts have been pursued
to enhance the services sector, accelerate value-added of the manufacturing
sector as well as boost the agriculture and agro-based sector as the third
engine of growth. New sources of growth continue to be promoted and developed
such as biotechnology, information and communications technology, halal
products and Islamic finance. Indeed Malaysia is developing as a
knowledge-based economy, driven by human capital, innovation and ideas.
Liberal Equity Policy
Generally,
foreign investors in Malaysia's manufacturing sector can hold 100% equity in
projects which export at least 80% of their production. However, effective from
17 June 2003, 100% foreign equity holding is allowed for all investments in new
projects, as well as investments in expansion/diversification projects by
existing companies irrespective of their level of exports.
Educated Work Force
Malaysia
offers investors a young, educated and productive workforce at costs
competitive with other countries in Asia. Backed by the government's continued
support of human resource development in all sectors, the quality of Malaysia's
workforce is one of the best in the region. Literacy levels are high at more
than 94% and school leavers entering the job market have at least 11 years of
basic education. In addition, labor productivity has grown steadily at more
than 3.3% per annum over the last few years surpassing that of many developed
countries.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my