Kuala Lumpur Sponsored by InvestKL
Why Us
10 reasons why Greater Kuala Lumpur is your Best Investment Destination
1. Proven track record
- Home to multinationals such as Schlumberger, Shell, Exxon Mobil, PayPal, HSBC, Citibank, Prudential, GlaxoSmithKline, British American Tobacco, Philip Morris, Nestle, Tesco, Motorola, BMW, Nokia and many others.
- In November 2011, Fortune 500 companies; IBM and Toshiba announced investments in Kuala Lumpur worth RM1 billion (USD287 million) and RM268 million (USD76.6 million) respectively.
- IBM will develop a new Global Delivery Centre over the next five years.
- Toshiba has selected Malaysia as its global supply chain hub, regional full turnkey and R&D centre for its transmission and distribution equipment, to the Southeast Asia market.
2. Strategic location
- Greater KL is at the centre of high growth Asian markets; robust trade and domestic demand with huge market potential of 3.6 billion people.
- Strategically located in Asia, connecting the Far East to 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.
3. Ample investment and business opportunities
- There are ample business and investment opportunities within 12 key sectors under Malaysia’s 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.
4. Conducive business environment
- Politically stable.
- Investor friendly incentives and tax policies.
- An eco-system which facilitates ease of doing business. In the World Bank’s Report on Doing Business 2012, Malaysia improved 5 positions to 18th from 23rd in 2011 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 2012. Malaysia has been ranked 4th for 3 years running, 2010-2012.
- FDI increased 6X to RM29 billion (USD8.3 billion) in 2010, the highest growth in Asia.
- From January to September of 2011, FDI rose 42% to RM26.4 billon (USD7.6 billion) from RM18.6 billon (USD5.3 billion) recorded during the same period last year.
5. Competitive business cost
- High-value work activities at competitive cost. Employee compensation is up to 75% lower than the U.S.
- Prime office rent is amongst the lowest in the region, around RM7.1 per sq ft or USD28.32 sq ft per annum.
- Low and stable inflation rates over the past 2 decades. As at first half of 2011, Malaysia’s inflation rate stands at 3.3%.
6. 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 and foreign talent.
7. Excellent infrastructure
- World class infrastructure with excellent road, rail, sea and air connectivity.
- Advanced communications infrastructure; mobile, wifi and broadband services.
8. Quality living at affordable cost
- KL is one of the least expensive cities to live in, coming in at 104th in Mercer's 2011 Cost of Living report which covers 214 cities across five continents.
- Excellent facilities from international schools, healthcare and medical centres, shopping malls to a thriving nightlife with varied pubs, bars and discos.
- Abundance of natural and man-made attractions including tropical islands, forest reserves and hill resorts.
9. Commitment to make Malaysia more competitive
- Six Strategic Reform Initiatives (policy reforms) to make Malaysia more competitive and appealing to investors.
- These include liberalisation, improving liquidity in capital markets, avoid crowding out the private sector and talent development.
10. KL: Top 20 cities in the world by 2020
- Commitment to enhance the liveability of KL. The aim is for the city to achieve a top-20 ranking in the EIU Liveability Index Survey by 2020.
- Focus to grow KL to be the world's top 20 cities in economic growth.