Kuala Lumpur, Malaysia
Southeast Asia’s rising star
Deloitte Malaysia's report about Kuala Lumpur's emergence as a key hub within ASEAN and Asia highlighting some of the key value propositions inherent within the Malaysian capital. With ASEAN poised to grow significantly going forward, Kuala Lumpur is poised to become a central investment destination.
Asia can no longer be ignored by regional investors. Even so, this can be a daunting and overwhelming region with individual countries at different levels of maturity. This chapter proposes that investors take a closer look at Southeast Asia as a regional market, which is expected to rival the size of China’s in the medium- to long-term.
Southeast Asia is one of the fastest growing regions in the world and investors from all over are rushing to capitalise on its strong domestic market and intraregional trade ties. Nevertheless, investors face a key decision in deciding where to invest in Southeast Asia, and this chapter shows why Greater Kuala Lumpur is the ideal location to set up a regional platform. With attractive financial and tax incentives, and strategically located in the heart of the region, Greater Kuala Lumpur is an ideal hub for your regional management and trading activities.
Malaysia, in particular, Greater Kuala Lumpur is undergoing an ambitious programme of change tailored to raise the level of Gross National Income to high-income status by 2020. The National Transformation Programme is expected to drive private consumption in the country as well as regionalise Malaysia’s traditional economic sectors including the financial, palm oil and manufacturing industries. It will also see further development of greenfield, high-value service sectors such as tourism and healthcare, thereby creating new markets and opportunities for investors.
Greater Kuala Lumpur today is more than just an export-oriented manufacturing centre: it is a metropolis thriving on a platform of diverse economic activities. In addition, with a dependable supporting infrastructure, a successful transformation programme and excellent government support to develop the region as a hub centre for Southeast Asia, investors need to take a closer look at the benefits offered by Greater Kuala Lumpur. The comparatively cheap costs of living and doing business is another reason investors should see Greater Kuala Lumpur as an attractive investment destination.
Although Malaysia is not a difficult place to do business, Deloitte believes that any entry into a new market can be daunting owing to unfamiliarity with the local culture and regulations. As a global consulting services provider, Deloitte can help guide investors through the entire process, and help clients make the most of all that Greater Kuala Lumpur has to offer. This chapter explores some of the services offered by Deloitte in relation to investing in Greater Kuala Lumpur and how it can optimise business models.
Your guide for living, playing and dining in Greater Kuala Lumpur.