Malaysia is a strategic gateway into Asia. Over the course of history, various colonial powers recognised its value as a port-of-call and the richness of its natural bounty. Today, these advantages continue to underpin the country’s impressive economic progress in global trade and commerce.
In the 60 years since independence, Malaysia has implemented robust, economic fundamentals and boasts a multicultural and multilingual population, well-educated human capital, connected infrastructure, progressive digital frameworks and a thriving business environment. Its young demographic and healthy household formation augur well for future growth and development.
Rapid economic growth 6.5% p.a. (1970 – 2016) OECD ECOSCOPE, 2016
Median age of the 23 million urban population is 28*
*Source: World Bank
7th in Asia Competitive economy WEF Global Competitive Index, 2016 – 2017
TOP IN THE WORLD, prospective destination for MNCs, UNCTAD World Investment Report 2018
8th in AsiaKey FDI recipients FDI Intelligence FDI Report 2017
Business-Friendly Environment & Attractive Government Policies
7th in Asia Easy place to do business World Bank’s Doing Business 2017
12th in Asia Established Infrastructure Statista 2017
8th in Asia Trade-friendly WEF Enabling Trade Index 2016
Large-scale infrastructure projects
Tax incentives for major national development projects, such as TRX
Malaysia My Second Home Programme (MM2H) offers incentives for foreigners who choose to live in the country
Strong Property Fundamentals
No restriction on freehold titles**
Long loan tenures
Value is a foregone conclusion
Kuala Lumpur is the capital of Malaysia; a vibrant representation of the country’s diversity, rapid development, and aspirations for the future.
Historically, the city has always been a centre of commerce, business and connectivity. It rose to the status of an iconic global city with the opening of Kuala Lumpur City Centre (KLCC) in 1997.
It’s often referred to as “KUL” city; a shopping, entertainment and food paradise. In addition, it has one of the best healthcare services, good international and local schools, and a growing public transportation network.
Kuala Lumpur is on the cusp of becoming a global business and financial city, by being more vibrant, livable, sustainable, and connected.
Strong Human Capital
Population of 7.4 million people
Diverse multicultural society – main ethnic groups: Malay, Chinese, Indian
Skilled workforce - Top 10 in Asia in human development & innovation
Friendly & livable – 6th in Asia – HSBC Expat Explorer Survey 2016
Ranked 5th amongst 30 global cities – Cost competitive city PwC’s Cities of Opportunity 7, 2016
4th in AsiaGlobal connected economy DHL Global Connectedness Index 2016
7th in the worldGlobal destination city Mastercard Global Destination Cities Index 2018