The World Market Access Hub - The Go To Market Hub
With lowest
wage inflation, highest staff retention rates, a well-educated and multilingual
workforce, world-class infrastructures, conducive
business environments,
Malaysiafs
appeals for foreign investment is no hard to figure out.
Malaysia is one of the most cost-effective and
congenial
places to do business. The cost for high-value work activities in the
country has always been known as the most competitive in the world.
Because of its location, as well as its good relations with
other
countries in the region, Malaysia is a popular trading partner with most
countries. Malaysia
is
also an active participant in various trade groupings, providing investors with
some of the most favorable incentives to penetrate the world's fastest growing
consumer markets of ASEAN, Asia-Pacific and the Middle East.
Association of South-East Asian Nation (ASEAN)
Asia Pacific Economic Cooperation (APEC)
Malaysia is actively involved in APEC's mission of achieving free and open trade
investment. Asia is Malaysia's
biggest trading partner, accounting for almost two thirds (63.6%) or USD93.4
billion of the country's trade in 2003.
Organization of Islamic Conferences (OIC) Malaysia is the Chairman of the Organization of Islamic Conferences (OIC), an inter-governmental grouping of 57 member states, covering the continent of Asia, Africa and Europe with a total population of 1.3 billion, representing 21% of the global population. Malaysia has been lauded as a modern, moderate and progressive Muslim nation. In 2003, Malaysia was named the OIC's strategic hub for the Asia Pacific region. Malaysia's trade with the OIC countries in 2004 accounted for 7.0% of its global trade.
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