ABOUT INVESTKL
- OVERVIEW
  
  InvestKL is a Government entity under the purview of the Ministry of International Trade and Industry (MITI), Ministry of Federal Territories and PEMANDU, the Performance Management and Delivery Unit under the Prime Minister's Department.
- Board Of Directors
  
  InvestKL Board of Directors composed of 5 distinguished members, giving a balanced representation from the relevant government entities, heads of key industries as well as leaders of business associations.
- CHARTER, VISION & CORE VALUES
  
  InvestKL is mandated by the Malaysian Government to attract and facilitate large global multinationals including Fortune 500 and Forbes 2000 companies to set up their regional business, innovation and talent hubs in Greater Kuala Lumpur and strategically grow their business in Asia.
- LOGO RATIONALE
  
  The logo symbolises InvestKL's spirit in interactions with investor; dynamic, result-oriented and razor-sharp in action.
- SPECIALISED AND CONFIDENTIAL SERVICES
  
  Setting up a business in Kuala Lumpur is easy and seamless with the assistance of InvestKL team specialists who are ever ready to help ensure a smooth and expedited process.
- COMPANY CRITERIA
  
  Invest KL's focus is on attracting large global multinationals such as Fortune 500 and Forbes 2000 companies to set up their regional business, innovation and talent hubs in Greater Kuala Lumpur and strategically grow their business in Asia.
- INVESTKL TEAM
  
  Fast-tracking and maximising your growth potential with InvestKL Team.
- Career
  
  At InvestKL, we are always on the look out for dynamic, highly adaptable and motivated individuals to be part of our team.
INVESTING IN GKL/KV
- OVERVIEW
  
  10 reasons why Greater Kuala Lumpur/Klang Valley (GKL/KV) is the preferred investment destination
- GATEWAY TO ASIA & MALAYSIA'S 6 ECONOMIC GROWTH CORRIDOR
  
  Strategic location, accessibility to region's key business centres and some of the world's most rapidly growing and important economies.
- POSITIVE INVESTMENT CLIMATE
  
  With the Government's commitment to transform the economy, Malaysia is increasingly becoming more competitive and appealing to investors.
- STANDARD INCENTIVES
  
  Malaysia provides an eco-system which facilitates ease of doing business with Investor friendly incentives and tax policies.
- COMPETITIVE BUSINESS COST
  
  Employee compensation is significantly lower in Malaysia with pay scales up to 75% lower than the U.S.
- TALENT
  
  Malaysia offers investors a young, educated and productive workforce at costs competitive with other countries in Asia.
- INTELLECTUAL PROPERTY PROTECTION
  
  Malaysia is a member of the World Intellectual Property Organisation (WIPO) and a signatory to the Paris Convention and Berne Convention which govern these intellectual property rights.
- LOW INFLATION
  
  Low and stable inflation rates have been one of the main features of the Malaysian economy in the last two decades.
- What Investors Say
- FACTS & FIGURES
  
  Malaysia & Greater KL/ KV
RESOURCE CENTRE
SECTOR OPPORTUNITIES
LIVING IN GKL/KV
- A VIBRANT AND AFFORDABLE CITY
  [Kuala Lumpur is a beautiful and exciting city, one that embraces nature in and around the city.]
- CONDUCIVE LIVING ENVIRONMENT
  Greater Kuala Lumpur /Klang Valley (GKL/KV) is a world-class city to work, live and play
- WHAT EXPATS SAY

Strategic Reform Initiatives (SRIs)

In the New Economic Model for Malaysia – Part 1, the National Economic Advisory Council identified 8 Strategic Reform Initiatives.

With the NKEAs focused on delivering tangible outcomes through the 131 Entry Point Projects and 60 Business Opportunities, the concluding volume of the New Economic Model in December structured these recommendations along 51 broad and cross cutting policy measures in order to realise our goal of transforming our nation into a high income, sustainable and inclusive economy.

The Government considers these 51 policy measures to be a high priority for implementation and developed a detailed programme for each policy measure.

The Entry Point Projects are the vehicles that will drive us to our final destination of realising Vision 2020. Each of these 51 policy measures serve as the highway that ensures that the fastest and most efficient vehicles travel smoothly to allow us to reach our final destination on time. No pot holes. No detours. No traffic lights. No traffic jams. Hence this highway creates a conducive environment for us to compete. The Government is committed to competitiveness, especially competitiveness that enables the best and brightest to thrive in this nation.

Laying out this highway requires us to develop a detailed programme. The 51 policy measures have been clustered into two groups to ensure execution. 14 of these measures were housed in existing 'Natural Homes' in various NKEAs and NKRAs, whilst the remaining 37 policy measures have now been clustered into 6 Strategic Reform Initiatives (SRIs). They are:

Competition, Standards & Liberalization

2.6.1 Follow International Standards – Governance and Management
2.6.2 Follow International Standards – Sustainability
2.6.3 Adopt Quality Standards for Goods and Services
2.6.4 Convert Existing Malaysian standards into International Standards
2.6.5 Administer Compliance with Standards
2.7.1 Liberalisation of Entry, Ownership and Operations
2.7.2 Reform the Regulatory Framework
2.7.3 Swift and Resolute Implementation of the Competition Law

Government's Role in Business

2.5.1 Set Up a Central Oversight Authority
2.5.2 Divest Non-Strategic Companies and Re-engineer the Roles of the Remaining
2.5.3 Channel Proceeds from Divestment into a Sovereign Wealth Fund
2.5.4 Re-engineer GLCs to Support Private Sector
3.5.5 Consolidate and Merge National Enterprises to Create Scale

Human Capital Development

5.2.1 Modernise Labour Legislation
5.2.2 Strengthen Strategic Human Resource Programmes
5.2.3 Establish a National Wage Consultative Council (NWCC)
5.2.4 Formalise a Productivity-linked Wage System (PLWS)
5.2.5 Consider a Minimum Wage Policy
5.2.6 the Labour Safety Net by Introducing Unemployment Insurance
5.3.1 Undertake a Labour Market Forecast and Survey Programme
5.3.2 Focus on Up-skilling and upgrading the Workforce
5.3.3 Leveraging Women's Talent to Raise Productivity

Public Service Delivery

2.4.1 Revise the Public Sector Governance Framework
2.4.2 Implement a Compliance Monitoring System
4.2.1 Strengthen the Government's Facilitative Role
4.2.2 Create a Citizen-Centred Public Service
4.2.3 Expand Private Delivery of Public Service
4.2.4 Enhance Public Agencies to Drive Growth
4.3.1 Reform the PSC (JPA) to Define Strategic Human Resource Policy and Management Processes in the Public Sector
4.4.1 Revive the NDPC as the Premier Body for Policy Development, Coordination and Consultation

Narrowing Disparities (Bumiputera SMEs)

6.6.1 Establish specific programmes for Bumiputera SMEs
6.6.2 Focus on capacity building programmes

Public Finance Reform

3.5.1 Develop Government and GLC Procurement Policies that support local innovative products and services
4.5.1 Adopting Accrual Accounting for Prudent Fiscal Management
4.5.2 Implement Efficient Broad-based Tax (GST) for Revenue and Fiscal Stability
4.5.3 Strengthen Expenditure Control
4.5.4 Improve Fiscal Policy Institutions and Processes

Natural Homes (NKEAs/ NKRAs / National Committee of Investments / UNIK)

2.8.1 Supporting SMEs & Innovation and Efficiency in Allocation of Capital
2.9.1 Accelerate the Rollout of Broadband
2.10.1 Internalize Externalities
2.10.2 Promote Green Growth and Energy Efficiency
2.10.3 Favour Sustainable Agriculture
2.10.4 Strive for Energy Resource Sustainability
3.5.2 Foster Better and Closer R&D Links between Institutions of Higher Learning (IHLs) and the Private Sector
3.5.3 Turning Existing HiCoEs (Centres of Excellence Accredited by the MoHE) into full fledged networks of excellence
3.5.4 Extract Greater Value from the Development and Management of Intellectual Property
4.2.5 Pursue Administrative Reforms in the Judiciary
6.5.1 Establish an overarching policy on social assistance programme
6.5.2 Adopt a single comprehensive database based initially on e-Kasih
6.5.3 Addressing the Transportation and Housing needs
6.5.4 Break the Poverty Cycle through Education

SRI labs were held over 6 weeks in February through April 2011 to develop implementation plans for the policy measures. An 'Entry Point' approach was taken to achieve the ripple effect and create big results fast.

'Entry Point' approach was taken to create the ripple effect

Source : ETP Pemandu

Resource Centre

12 National Key Economic Areas (NKEA)

Malaysia is taking bold steps forward to transform into a high income nation by 2020 with the Economic Transformation Programme (ETP).
Strategic Reform Initiatives (SRI)

Initiatives designed to make Malaysia more competitive in the global arena.
National Key Result Area (NKRA)

To improve the socio-economic growth of Malaysians.

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