10 reasons why Greater Kuala Lumpur/Klang Valley (GKL/KV) is the preferred investment destination
GKL: Top 20 cities in the world by 2020
Commitment to enhance the liveability of GKL. The aim is for the city to achieve a top-20 ranking in the EIU Liveability Index Survey by 2020
Focus to grow GKL into one of the world's top 20 cities in terms of economic growth
Strategic location
GKL/KV is at the centre of high growth Asian markets; robust trade and domestic demand with a huge market potential of 3.6 billion people
Strategically located in Asia, connecting the Far East to Southeast Asia, Europe and the Middle East
6 - 8 hour flight radius to region’s key business centres including Bangalore, Beijing, Dubai, Hong Kong, Seoul, Sydney, Shanghai, Taipei and Tokyo
Excellent infrastructure
World-class infrastructure with superb road, rail, sea and air connectivity
Advanced communications infrastructure; mobile, Wi-Fi and broadband services
Conducive business environment
Politically stable
Investor-friendly incentives and tax policies
An ecosystem which facilitates ease of doing business. In the World Bank’s Report on Doing Business 2013, Malaysia improved 6 positions to 12th from 18th in 2012 amongst 183 economies in Ease Of Doing Business
Investor protection measures are amongst the world’s best. The World Bank’s Report on Doing Business 2012 ranked Malaysia 4th in “Protecting Investors” for 2013. Malaysia has been ranked 4th for four years running, 2010 - 2013
Ample investment and business opportunities
There are myriad business and investment opportunities within 12 key sectors under the Economic Transformation Plan (ETP)
The sectors are Greater Kuala Lumpur/Klang Valley; Oil, Gas and Energy; Financial Services; Wholesale and Retail; Palm Oil; Tourism; Electronics and Electrical; Business Services; Communications Content and Infrastructure; Education; Agriculture; and Healthcare
Proven track record
Home to multinationals including BMW, British American Tobacco, Citibank, Exxon Mobil, GlaxoSmithKline, HSBC, Ikea, Nestle, Nokia, PayPal, Philip Morris, Prudential, Tesco, Motorola, Schlumberger, Shell and many others
Citibank and GlaxoSmithKline have been operating in Malaysia for over 50 years
Talent availability
Well-educated and multilingual workforce
The quality of Malaysia's workforce is one of the best in the region
Attractive policies and incentives to attract top Malaysian talent back from overseas as well as foreign talent
Competitive business cost
High-value work activities at competitive cost. Employee compensation is up to 75% lower than that of the U.S.
Prime office rent is amongst the lowest in the region, around RM7.1 per sq ft or USD28.32 per sq ft per annum
Low and stable inflation rates over the past two decades. As at November 2012, Malaysia’s inflation rate stands at 1.3%
Quality living at affordable cost
GKL is one of the least expensive cities to live in, ranked 102nd in Mercer's 2012 Cost of Living report which covers 214 cities across five continents
Excellent facilities from international schools, healthcare/medical centres and shopping malls to a thriving nightlife with varied restaurants, pubs and clubs
Abundance of man-made and natural attractions including tropical islands, forest reserves and hill resorts
Commitment to make Malaysia more competitive
Six Strategic Reform Initiatives (policy reforms) to make Malaysia more competitive and appealing to investors
These include liberalisation, talent development, improving liquidity in capital markets and adopting measures to avoid crowding out the private sector
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