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2016 - Doing Business With Malaysia

Presentation to Malaysia TPP Business Council of America on 25 August 2016

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2016 - Doing Business With Malaysia

  1. 1. Muhd Shahrulmiza Zakaria Trade Commissioner / Consul, MATRADE New York shahrulmiza@matrade.gov.my Doing Business With Malaysia A Presentation to Malaysia-TPP Business Council of America August 25th 2016
  2. 2. MALAYSIAN TRADE & INVESTMENT CENTER NEW YORK MALAYSIA EXTERNAL TRADE DEVELOPMENT CORPORATION National Trade Promotion Agency for the Malaysia Vision : Positioning Malaysia As A Globally Competitive Trading Nation Mission : Promoting Malaysia's Enterprises To The World Developing and fostering business connection between Malaysian enterprises with US companies, as well as facilitate sourcing activities from Malaysia.
  3. 3. Our portal - www.matrade.gov.my
  4. 4. MALAYSIA-USA BILATERAL TRADE PERFORMANCE EXPORTS Jan-Jun 2016 Jan-Jun 2015 2015 2014 USD10.0 bil USD8.7 bil USD7.3 bil USD6.5 bil 8% ↑15.3% ↑ TOTAL TRADE USD17.3 bil IMPORTS USD16.5 bil USD13.4 bil USD14.2 bil 5.6% ↑USD18.9 bil 14.4% ↑ 12.1% ↑ 10.5% ↑ TOTAL TRADE USD15.2 bil TOTAL TRADE USD29.9 bil SOURCE: Department of Statistics, Malaysia. Compiled by MATRADE Data calculated against average exchange rate: USD1 = RM3.90 www.matrade.gov.my TOTAL TRADE USD33.1 bil
  5. 5. MAJOR BENEFITS OF TPP TO MALAYSIAN COMPANIES MAJOR BENEFITS OF TPP TO US COMPANIES http://trade.gov/fta/tpp/countries/pdf/malaysia.pdf • Expanding Malaysia’s exports (to USA) – Import tariff reduction : 36% will jump to 89% – New products & services export to the USA • Enhancing the competitiveness – One rule for 11 markets • More opportunities for bilateral JV, business cooperation • Facilitating investment from Malaysia to the US market
  6. 6. About Malaysia
  7. 7. Our Advantages WHY MALAYSIA? World Class Manufacturing Facilities Superior Quality Price Competitiveness Global Connectivity Abundant Resources Logistics Hub Business Friendliness Economic Stability
  8. 8. MALAYSIA Your Ideal Sourcing Destination World’s leading producer of rubber gloves. One of world’s largest producer of palm oil products.
  9. 9. MALAYSIA Our strengths Major supplier of high quality furniture to USA. 55% of our exports to the USA is Electrical & Electronics products. Promoting Green Industry, Technology and exports of Green Products.
  10. 10. MALAYSIA Our strengths Producer of high quality Lifestyle products – jewelry, fashion & apparel, gifts & premium items, stationeries. Pioneer of certification, manufacturing & trading for Halal products & services. Exporters & suppliers of organic chemical, chemical products, petrochemicals, pharmaceuticals, medical devices, transport equipment, automotive parts & components. World class service providers on ICT, business processes outsourcing, engineering & construction services, oil & gas.
  11. 11. Malaysian consumers love American products. CONSIDER THE FOLLOWING FACTS: Malaysia is a liberalized market. For further details on doing business in Malaysia, please email office.kualalumpur@trade.gov. Malaysia as springboard to ASEAN and West Asian markets. Growing middle to high income market segments.
  12. 12. Buyers : Importers, Distributors, Agents Source for Malaysian services Strategic business partners Manufacturing facilities CHOOSE MALAYSIA!
  13. 13. 1515 Follow us @matradenewyork

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