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Malaysia in focus
Malaysia’s success
as an investment
location continues
to grow. We look
forward to helping
you maximise the
benefits of a
Malaysian
investment.
This material was prepared by PricewaterhouseCoopers (PwC) and is not to be used, distributed or relied upon by any third party without
PwC’s prior written consent. The analysis and opinions contained in this document are based on publicly available sources. PwC has not
independently verified this information and makes no representation or warranty, express or implied, that such information is accurate and/or
complete.
Recipients of this material must make their own independent assessment of the material and neither PwC nor any of its affiliates, partners,
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result of relying on any statement in, or alleged omission from, this material.
Welcome. Selamat Datang.
Malaysia is a country on the move. From a nation dependent on
agriculture and primary commodities, Malaysia has today become an
export-driven economy spurred on by high technology, knowledge-based
and capital-intensive industries. We’re proud of how far we’ve come as a
multi-sector economy.
Since the 1970s, Malaysia has been the choice destination for many
multinational companies due to its geographical location, political
stability, reliable infrastructure and attractive incentives. By the 1990s,
Malaysia achieved Newly-Industrialised Country (NIC) status, with 30%
of exports consisting of manufactured goods.
As Malaysia embarks on its vision to becoming a high income nation by
the year 2020, it has positioned the Economic Transformation
Programme (ETP) as a key pillar to driving change. The Government is
proactively encouraging private investment-led growth with the ETP
creating many investment opportunities.
Capitalise on Malaysia’s transformation as this opens up unique
investment opportunities, with enhanced financial incentives and
business-friendly policies.
The time to invest in Malaysia is now.
Mohammad Faiz Azmi
Executive Chairman
PwC
3
PwC
Contents
I.
About Malaysia
II. The economy
6
9
III. Business and investment landscape
13
IV. Abbreviations and key contacts
27
5
I. About Malaysia
PwC
66
A multi-ethnic and multi-cultural country,
Malaysia is located at the heart of
Southeast Asia.
Malaysia is a nation capitalising on its
transformation with over US$400 bln
worth of investment opportunities.
Facts and figures
2012
Land area
29 million
330,252 sq km
GDP (US$ bln)
237.8
GDP per capita (US$)
8,420
GDP growth (%)
Malaysia
Malaysia
4.8 (est)
Inflation (%)
2.6
Market capitalisation (US$ bln)
411
Equity market return (%)
11.63
Equity market price earning ratio
16.4
Credit rating
- Standard & Poor’s
- Moody’s
A
A3
EIU country risk rating
- Sovereign risk
- Currency risk
- Banking sector risk
BBB
A
BBB
Unemployment rate (%)
3.3%
Note:
Exchange rate (as at 31 May 2012): US$ 1 = MYR 3.1750
PwC
Source: Economist Intelligence Unit (EIU) and Bloomberg
7
Country overview
Area
Strengths
Weaknesses
Opportunities
Threats
Political
outlook
• A successful
democratic Islamic
state
• The Malay community
holds a constitutionally
enshrined special
position in society
• Prime Minister actioning
reforms and changes –
the Economic
Transformation
Programme (ETP) and
Government
Transformation
Programme (GTP)
• Ethnic tensions
continue to simmer
with threat of
revival of hard-line
Islam
• Relative insulation from
global energy price
shocks being eroded to be net importer of
crude oil in few years
time
• To become a major
financial hub over the
medium term
• Threat to long-term
economic stability
(dependence on
migrant labour,
particularly for lowskilled jobs)
• Not rocked by any
major racial unrest
since 1969
Economic
outlook
• Major world source
for electronics and
computer parts.
• One of the world’s
largest producers of
rubber, palm oil,
pepper and tropical
hardwoods
• Remain as a net
exporter of crude oil
Business
environment
• Standards of
corporate
governance have
improved
• Government offering
attractive tax breaks
and concessions to
foreign companies
• Sustainability of the
national subsidisation
program on capping the
prices of basic
consumer goods
• Dealing with the
politically wellconnected when doing
business in Malaysia
• Private sector-led growth
will improve (government
continues divestment of
state shareholdings into
raise funds to narrow the
budget deficit)
• Government’s
fiscal deficits
could strain
country’s finances
• Free trade agreement
negotiations with the
European Union (EU) as
well as the Trans-Pacific
Partnership may improve
to the country’s business
environment
• Waterways and
shipping lanes that
surround Malaysia
will continue to
experience the
threat of piracy and
terrorism
• With government-linked
companies (GLCs)
transformation, emerging
M&A opportunities
• Malaysia is at risk
of losing out to
China, Vietnam &
Indonesian in the
race for foreign
investment
Source: Business Monitor International (BMI), Q2 2012
PwC
8
II. The economy
PwC
9
Similar to advanced economies, the
services sector is the largest contributor to
Malaysia’s GDP, with a consistent yearon-year growth.
Economic snapshot
Chart 1: GDP contributions by sector
Chart 2: GDP value and growth, 2003-13
• Services sector accounts for more than half (51%) of
Malaysia’s GDP value, followed by manufacturing
sector (25%).
• Post-global financial crisis, Malaysia GDP growth
to hover around 5% over 2012-2013.
• Growth will be driven by the Economic
Transformation Programme (ETP), which aims
to boost both private consumption and
investments.
% growth
US$
6
250
GDP*
150
US$275 bln
100
2
0
GDP Value
2012
2011
2010
-4
2009
0
2008
-2
2007
50
2003
Manufacturing
25%
4
200
2006
Services
51%
8
300
2005
Agriculture
12%
350
2004
Mining
12%
2013
• The major services sub-sectors are: Wholesale and
retail trade, financial services, government services,
real estate and construction.
GDP Growth
Source: Bank Negara Malaysia (BNM), 2012
* GDP at current price
PwC
Source: International Monetary Fund (IMF), 2012
10
Trade overview
Chart 3: Malaysian trade,
2007 – 2011
"Malaysia is the third most open
economy in Asia, after Hong
Kong and Singapore”
International Chamber of Commerce
(ICC) Open Market Index 2011
• Malaysia continues to show strong trade performance in 2011 despite
the slow US economic recovery, Eurozone debt crisis uncertainties and
supply chain disruptions from Japan’s tsunami and Thailand’s floods.
US$ bln
450
400
350
300
250
200
150
100
50
2006
2007
2008
Exports
2009
Imports
2010
2011
Total trade
Source: BNM, 2012
PwC
11
Trade overview
Chart 4: Malaysian exports &
imports, 2011
• Malaysia is a leading exporter of electrical appliances, electronic parts
and components, palm oil and natural gas.
Malaysia has a well established
trade relationship within Asia providing inroads to Southeast
Asia economies and its market of
over 600 million people.
• The major category of imports includes electronics and electrical goods,
chemicals and chemical products, machinery, appliances and parts.
India
4%
S'pore
13%
Others
12%
China
13%
Oceania
4%
Total
exports
North America
9%
Japan
11%
US$ 229 bln
EU
10%
Other NEA
12%
Other SEA
12%
India
2%
Others
12%
S'pore
13%
Oceania
3%
China
13%
North America
10%
Total
imports
US$189 bln
Japan
11%
EU
10%
Other NEA
11%
Other SEA
15%
Notes:
Other SEA: Other Southeast Asia countries
Other NEA: Other Northeast Asia countries
Source: BNM, 2012
PwC
12
III. Business and investment landscape
PwC
13
13
Business and investment landscape
Chart 5: Malaysia business rankings
• Malaysia has a conducive business environment.
What makes it:
- Stable. A resilient macroeconomic environment
and a sound financial sector.
- Market-oriented. An efficient goods market
and large export earner.
- Well connected. World class infrastructure
comprising excellent transport connectivity and
advanced communications infrastructure.
- Cost effective. Affordable costs of living and
doing business.
- Business friendly. Attractive governmental
support through government policies and tax
incentives.
Malaysia rankings
World Bank Country Income
Group 2012
Upper middle
income economy*
World Bank's Ease of Doing
Business Survey 2012
18th
World Economic Forum (WEF)
World Competitiveness
Ranking 2011-2012
21st
Institute for Management
Development (IMD) World
Competitiveness Ranking 2012
16th
WEF Global Enabling Trade
Ranking 2012
24th
A.T. Kearney FDI Confidence
Index 2012
10th
A.T. Kearney Global Services
Location Index 2011
3rd
MERCER Worldwide Cost of
Living Survey 2011
104th
(out of 214 cities)
ECA International Cost of
Living Survey 2011
33rd (out of
53 cities in Asia)
PwC World Bank Ease of
Paying Taxes 2012
28th
* Countries with GNI per capita of US$3,976 - US$12,275,
Malaysia’s GNI per capita in 2010 was US$7,760
Source: Various sources
PwC
14
Business landscape
Chart 6:
Leading corporates
Market cap.
US$ bln
Revenue
US$ bln
Banking
21.63
1.84
Sime Darby
Holding Companies
18.98
3.62
CIMB Group Holdings
Banking
18.37
1.48
Petronas Chemicals
Chemicals
17.46
4.65
Public Bank Bhd
Banking
15.62
0.99
Maxis Bhd
Telecommunication
14.54
0.72
Axiata Group Bhd
Telecommunication
14.13
1.35
Genting Bhd
Hospitality & Leisure
12.90
1.61
Tenaga Nasional
Utilities
11.59
2.78
IOI Corp Bhd
Plantations
11.00
1.32
Company
Industry Sector
Malayan Banking
Chart 7: Banking
Company
Chart 8: Telecommunications
Market cap.
US$ bln
Revenue
US$ bln
21.63
18.37
15.62
7.39
5.70
1.84
1.48
0.99
0.56
0.63
Malayan Banking
CIMB Group Holdings
Public Bank Bhd
Hong Leong Bank
RHB Capital Bhd
Chart 9: Oil & Gas
Company
Maxis Bhd
Axiata Group Bhd
DiGi.Com Bhd
Telekom Malaysia
Time Dotcom Bhd
Market cap.
US$ bln
Revenue
US$ bln
14.54
14.13
9.91
6.01
0.61
0.72
1.35
0.49
0.78
0.02
Chart 10: Retail
Market cap.
US$ bln
Revenue
US$ bln
5.91
0.97
0.32
2.36
1.07
0.87
Petronas Dagangan Bhd
Shell Refining
Esso Malaysia
Source: Bloomberg, 21 March 2012
PwC
Company
Company
Parkson Holding
Aeon Co Bhd
Store Corp Bhd
Suiwah Corp Bhd
Parkson Holding
Market cap.
US$ bln
Revenue
US$ bln
1.94
1.04
0.05
0.03
1.94
0.29
0.26
0.14
0.02
0.29
15
Investment overview
Chart 11: Global foreign direct
investment (FDI) inflows,
2005 – 2013
Malaysia is fast gaining foreign
investors interest and is expected
to be a beneficiary of global FDI
inflow.
• UNCTAD’s World Investment Report 2011 projected that global
FDI flows will continue to recover from pre-crisis level to US$1.4US$1.6 trillion. FDI flows are expected to rise around 12% p.a. to
US$1.9 trillion in 2013.
US$ bln
2,200
1,900
1,971
1,744
1,700
1,700
1,509
1,462
1,200
1,185
1,290
983
700
200
2005
2006
2007
2008
2009
2010
2011*
2012*
2013*
Source: UNCTAD, 2012
PwC
16
Investment overview
Chart 12: Malaysia FDI
inflows, 2006 – 2011
Malaysia continues to be a choice
destination for MNCs,
predominantly in manufacturing
sub-sector. ETP plays a key role
for future FDI inflow.
• Malaysia FDI inflows in 2011 surged by 12.3% to US$10.8 bln as
multinational companies (MNCs) continue to choose Malaysia as their
regional investment destination.
• Key FDI inflow by sector in 2011 are: Manufacturing with 50% share,
followed by services with 27% and mining 22%.
US$ mln
12,000
10,854
9,666
9,587
10,000
7,956
8,000
7,328
6,000
4,000
1,661
2,000
2006
2007
2008
2009
2010
2011
Source: Malaysia Industrial Development Authority (MIDA) , 2012
• Moving forward, FDI will be driven by the Economic Transformation
Programme (ETP), which spans across six growth corridors. The key
growth corridors and their investment targets are:
- Greater Kuala Lumpur (Greater KL), US$56.7 bln by 2020.
- Iskandar Malaysia, US$94.9 bln by 2025.
- Northern Corridor Economic Region, US$58.3 bln by 2025.
PwC
17
Investment overview
Chart 13: Malaysia approved
manufacturing investments
(foreign & domestic)
Approved investments in the manufacturing sector continue to recover in
2011, with a 19% growth.
Malaysia is a hub for
manufacturers and is starting to
see a revival in investments
within this sector.
US$ bln
25
20.7
19.7
18.5
20
15.6
15.2
15
10.8
10
5
0
2006
2007
2008
2009
2010
2011
By manufacturing sub-sector, 2011
Non-Metallic
5%
Petroleum
5%
Food
7%
Fabricated Metal
3%
E&E
39%
Chemicals
10%
Transport
12%
Basic Metal
19%
Source: MIDA, 2012
PwC
18
Investment overview
Chart 14: Malaysia approved
services investments (foreign
& domestic)
Turnaround in approved investments in the services sector, recovering
to pre-crisis levels.
Real estate makes up the largest
services sub-sector for approved
foreign and domestic investments.
US$ bln
25
20
21.9
21.2
18.3
16.5
15
12.8
12.1
2009
2010
10
5
0
2006
2007
2008
2011
By services sub-sector, 2011
Others
15%
Education
2%
Real Estate
26%
Financial services
5%
Telecommunications
9%
Energy
10%
Global
Operations Hub
15%
Transport
18%
Source: MIDA, 2012
PwC
19
Investment overview
Chart 15: Established
operational headquarters
(OHQ) in Malaysia
Malaysia ranks no. 3 in
A.T. Kearney’s Global Services
Location Index 2011.
• Many prominent MNCs have chosen Malaysia as their regional and
global operations.
• The attractiveness of the country’s financial and business environment
has helped to attract regional establishments into the country.
• As at 31 December 2011, a total of 217 OHQs were approved with
investments of US$758 mln.
No. of regional establishments approved, 31 Dec 2011
Representative Offices
1,749 (57.2%)
Regional Offices 841
(27.5%)
Operational
Headquarters 217
(7.1%)
International Procurement
Centres 223 (7.3%)
Regional Distribution Centres
28 (0.9%)
Source: MIDA, 2012
PwC
20
Investment overview
A cross section of
established OHQs in
Malaysia by leading MNCs
Country
Name of Company
USA
•
•
•
•
•
•
•
•
•
General Electric
Du Pont
Dow Chemicals
PepsiCo
Grey Communications
Hess Oil & Gas
Air Products
Henry Schein
Schlumberger
•
•
•
•
•
•
•
•
•
•
Baker Hughes
Intel
Transocean
Agilent
IBM
Mars Foods
Hewlett-Packard
E-Storm
Harman
Kellogg’s
UK
•
•
•
•
RMC Industries
British-American Tobacco
Diagonal Consulting Group
Avocet Mining
•
•
•
•
OHM Surveys
Fitness First
G4S Management
Velosi
Germany
•
•
•
•
•
BASF
Meuhlbauer
Eppendorf
Arvato
Siemens
•
•
•
•
Nordenia
Bayer
Binder
A.Hartodt
Switzerland
• Novartis Corporation
• SBM Group
• Omya Group
• Tetra Pak
France
• Lafarge
• Thales International
• Monier
Netherlands
•
•
•
•
•
•
•
•
•
•
Sweden
• Volvo
• Ascom
• UCB Group
Norway
• Aker Kvaerner
• Wilhelmsen
• AGR
Flexsys
Prometric
Friesland Foods
Dow Corning
Barry Callebaut
Organon
Mammoet
Subsea
Core
Acision
Source: MIDA, 2012
PwC
21
The New Economic Model is a framework
which aims to turn Malaysia into a high
income nation that is competitive,
sustainable and inclusive.
Transforming Malaysia
Overview of Malaysia’s
New Economic Model
(NEM)
PwC
22
Transforming Malaysia
“The ETP is essentially an economic road
map for Malaysia, co-created by the
private sector and the government to
achieve developed nation status in 2020.”
Dato’ Sri Idris Jala
Chief Executive Officer,
Performance Management and Delivery Unit (PEMANDU)
NEM =
ETP + GTP + 1MY
Corporate
ETP
(Economic
Transformation
Programme)
12 NKEAs + 6 SRIs
National Key Economic Areas
(NKEAs)
Areas of economic focus:
• Tourism
• Oil, gas & energy
• Business services
• Palm oil & rubber
• Health services
• Financial services
• Electronics & electrical
• Wholesale &
• Education
retail trade
• Agriculture
• Communications
• Greater KL
content & infrastructure
Strategic Reform
Initiatives (SRIs)
Enablers to achieve competitiveness:
• Government’s facilitative role in business
• Public finance reform
• Human capital development
• International standards & liberalisation
• Public service delivery
• Narrowing disparities
National Key Result Areas (NKRAs)
Most important areas of improvements for the people:
• Reducing crime
• Fighting corruption
• Improving student outcomes
• Raising living standards of low-income households
• Improving rural basic infrastructure
• Improving urban public transport
• Reducing the cost of living of the people
Ministerial Key Result Areas (MKRAs)
Other important areas of improvements not
covered under NKRAs:
• Will be addressed under each Ministry
(e.g. faster delivery)
• Each Ministry may have different number
of areas to be addressed
+
Government
GTP
(Government
Transformation
Programme)
7 NKRAs + MKRAs
+
People
1MY
(1 Malaysia concept)
7 initiatives/clusters
PwC
1 Malaysia (1MY)
Initiatives in 7 clusters:
• Government
• Politics
• Economy
• Education
• Social interaction
• Media
• Religion
Source: PwC Analysis; PwC Alert (Issue
88): Seizing ETP opportunities; NEM, Part
1: Executive Summary; GTP Roadmap;
PEMANDU and related press releases
23
Participating in Malaysia’s transformation
Economic growth opportunities
Being part of the growth equation
The ETP (Economic Transformation Programme) will play a pivotal role in transforming Malaysia into a highincome nation by 2020. One of the ETP’s top priorities is to facilitate global companies’ efforts to make Malaysia
their base. Here are 4 steps for global investors to harness project synergies and generate value from strategic
projects.
Four
steps to
becoming
an ETP
project
3
Engage
Government
early
1
2
Strategic
& detailed
investment case
Robust
investment
analysis
Execute &
follow-up
4
Your high level pitch should include clear:
• analysis of how the project addresses issues & opportunities
identified by the ETP labs
• estimate/range of potential GNI & employment impacts
• articulation of support you may need from the Government
If there are positive signals on the strategic investment case for your
pitch, the Government will ask for a detailed analysis and business
case be prepared
• Provide a detailed analysis which gives a robust estimate on the project’s impact on GNI,
employment & investment
• Appropriate PEMANDU (Performance Management & Delivery Unit) NKEA (National Key Economic
Area) sector director and team can be engaged to help facilitate the project
• These include meetings with various Government ministers and ministry officials
• These project meetings are important to secure the necessary support and to facilitate fast and
successful implementation of the project
• Any issues that cannot be easily solved can be escalated through problem solving meetings
chaired by PEMANDU
Source: PEMANDU, PwC Analysis; PwC Alert
(Issue 88: Seizing ETP Opportunities)
PwC
Government includes relevant line ministries, PEMANDU, Economic Planning Unit,
MIDA (Malaysian Industrial Development Authority) and Ministry of Finance
24
Participating in Malaysia’s transformation
Examples of growth opportunities across 12 National Key Economic Areas
Oil, Gas and Energy
• Oil fields: Intensify exploration,
enhance oil recovery, rejuvenate
mature oil fields and explore marginal
oil fields
• Oil-field service and equipment
operations
• Energy: Nuclear and renewable
(hydroelectricity and solar)
Financial Services
• Develop regional banking champions
• Global hub for Islamic finance
• Revitalise the capital market
• Create integrated payment eco-system
• Develop asset management industry
Palm Oil
• Oleochemical derivative products
• Food and health-based downstream
segments
• Improve fresh fruit bunch yield
• Accelerate replanting of palm oil
• Develop 2nd generation bio-fuel
Wholesale and Retail
• Develop Malaysian concept shopping
centres overseas
• Large format stores*
• Community markets
• Make Malaysia duty-free
• Modernise small retailers
Tourism
• Improve rates, mix and quality of
hotels
• Increase medium-haul flights/tourists
• Promote biodiversity and develop
ecotourism and eco-nature resort
• Create a Straits Riviera cruise
destination
Business Services
• Aviation maintenance, repair and
overhaul services
• Global business outsourcers and
shared service centre
• Data centre hub
• Green technology industry
• Engineering services
Electronics and Electrical
• Light emitting diode, develop Solid
State Light hub
• Semiconductor: fabrication,
assembly, testing, packaging and
circuit design
• Solar wafer, cell and silicon
production and design
Communications Content and
Infrastructure
• Expand broadband coverage
• Extend regional telecommunication
network
• Content development: creative
content, e-commerce, e-healthcare,
e-learning and e-government
* Stores of 3,000 to 5,000 sq m or larger e.g. hyperstore and superstore
PwC
Healthcare
• Export of generic drugs
• Health metropolis
• Health travel
• Develop medical hub
Education
• Early childcare and education
centres
• International schools
• Private teacher training
• Private skills-training
• Build discipline cluster in health
science, engineering, science,
innovation, business, finance and
hospitality
Agriculture
• Agriculture biotechnology
• Production of swiftlet nests
• Scale up paddy production
• Aquaculture
• Premium fruits and vegetable
Greater KL/Klang Valley
• Integrated urban Mass Rapid Transit
• High-speed KL-Singapore rail
• Attract 100 of the world’s dynamic
firms in priority sectors
• Revitalise the Klang River into a
heritage and commercial district
Source: PwC Analysis; PwC Alert (Issue 88):
Seizing ETP opportunities
25
Participating in Malaysia’s transformation
Chart 16: Malaysia’s six growth corridors - targeted investment sectors
Malaysia’s growth corridors contribute an estimated 62% of total investment approved at US$11.4 bln in 2011
Investment target:
US$ 36.9 bln by 2020
Investment target:
US$58.3 bln by 2025
Northern Corridor
Economic Region
(NCER)
• Agriculture
• Manufacturing E&E, oil & gas,
biotechnology
• Tourism
• Logistics
East Coast Economic
Region (ECER)
• Hospitality & leisure
• Oil, gas and
petrochemical
• Manufacturing
• Agriculture
• Education
NCER
Sabah Development
Corridor (SDC)
• Tourism
• Logistics
• Agriculture
• Manufacturing
Investment target:
US$94.9 bln by 2025
Iskandar Malaysia (IM)
• E&E
• Petrochemicals &
oleochemicals
• Food & agro processing
• Logistics & related services
• Tourism
• Healthcare
• Education
• Financial services
• Creative industries
ECER
Investment target:
US$56.7 bln by 2020
( GNI contribution
US$ 214.3 bln)
Greater KL
• Wholesale & retail hub
• Transportation hub
• Financial services
• Education
• Healthcare (incl telehealth)
• Shared services and
outsourcing
• Tourism
Investment target:
US$25.5 bln by 2020
Greater
KL
IM
SCORE
SDC
Investment target:
US$65.9 bln by 2020
Sarawak Corridor of Renewable
Energy (SCORE)
• Manufacturing
- oil-based, glass, timber
• Mining
- aluminium, steel
• Agriculture
- palm oil, livestock,
aquaculture
• Services
- tourism, marine engineering
Source: PwC analysis, 2012
PwC
26
IV. Abbreviations and key contacts
PwC
27
27
Abbreviations
Abbreviation
Full term
Abbreviation
Full term
1MY
1 Malaysia
MIDA
Malaysian Investment Development
Authority
BMI
Business Monitor International
BNM
Bank Negara Malaysia
(Central Bank of Malaysia)
MKRA
Ministerial Key Result Area
MNC
Multinational companies
ECER
East Coast Economic Region
NCER
Northern Corridor
Economic Region
EIU
Economist Intelligence Unit
NEA
Northeast Asia
ETP
Economic Transformation Programme
NEM
New Economic Model
EU
European Union
NKEA
National Key Economic Area
E&E
Electronics and electrical
NKRA
National Key Result Area
FDI
Foreign direct investment
OHQ
Operational headquarters
GDP
Gross domestic product
PE
Price earning ratio
GLC
Government-linked companies
PEMANDU
Performance Management &
Delivery Unit
GNI
Gross national income
SCORE
GTP
Government Transformation
Programme
Sarawak Corridor of Renewable
Energy
SDC
ICC
International Chamber of Commerce
Sabah Development
Corridor
SEA
Southeast Asia
IM
Iskandar Malaysia
IMD
Institute for Management Development
SRI
Strategic Reform
Initiatives
IMF
International Monetary Fund
UNCTAD
United Nations Conference on
Trade and Development
KL
Kuala Lumpur
WEF
World Economic Forum
PwC
28
Key contacts
Malaysia
PwC Malaysia
Level 10, 1 Sentral
Jalan Travers
Kuala Lumpur Sentral
PO Box 10192,
50706 Kuala Lumpur, Malaysia
Organisation
Website
InvestKL
www.investkl.gov.my
Economic Planning Unit
www.epu.gov.my
Malaysian Investment Development Authority (MIDA)
www.mida.gov.my
Malaysia External Trade Development Corporation
(MATRADE)
Tel: +60 (3) 2173 1188
Fax: +60 (3) 2173 1288
www.matrade.gov.my
Ministry of International Trade and Industry Malaysia (MITI)
www.miti.gov.my
Email: [email protected]
Website: www.pwc.com/my
Performance Management & Delivery Unit (PEMANDU)
www.pemandu.gov.my
East Coast Economic Region
www.ecerdc.com/ecerdc/
1Malaysia Development Berhad
(KL International Financial District)
www.1mdb.com.my/klifd/klifdgreater-kuala-lumpur
Multimedia Super Corridor
www.mscmalaysia.my/
Iskandar Malaysia
www.irda.com.my/
Northern Corridor Economic Region
www.ncer.com.my/
Sarawak Corridor of Renewable Energy
www.sarawakscore.com.my/
Sabah Development Corridor
www.sdc.gov.my/sabahdc/
PwC
Assurance Services
Pauline Ho
Tel: +60 (3) 2173 0946
[email protected]
Tax Services
Jagdev Singh
Tel: +60 (3) 2173 1469
[email protected]
Advisory Services
Tan Siow Ming
Tel: +60 (3) 2173 1228
[email protected]
29
Notes
PwC
Notes
PwC
pwc.com/my
PwC Malaysia on AppStore
facebook.com/pwcmsia
twitter.com/PwC_Malaysia
youtube.com/pwcmalaysia
www.pwc.com/my
PwC firms provide industry focused assurance, tax and advisory services to enhance value for their clients. More than 169,000 people
in 158 countries in firms across the PwC network share their thinking, experience and solutions to develop fresh perspective and
practical advice. See pwc.com/my for more information.
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