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OPPORTUNITIES THAT MALAYSIA COULD OFFER TO THE DOMINICAN REPUBLIC DECEMBER 12, 2018

OPPORTUNITIES THAT MALAYSIA COULD OFFER TO THE DOMINICAN REPUBLIC DECEMBER 12, 2018 EMBASSY OF MALAYSIA HAVANA, CUBA. WHERE IS MALAYSIA? | ¿DÓNDE SE LOCALIZA MALASIA?. DOMINICAN REPUBLIC. Malaysia is in the Heart of ASEAN: 651 million population , 8.8% of world’s population.

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OPPORTUNITIES THAT MALAYSIA COULD OFFER TO THE DOMINICAN REPUBLIC DECEMBER 12, 2018

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  1. OPPORTUNITIES THAT MALAYSIA COULD OFFER TO THE DOMINICAN REPUBLIC DECEMBER 12, 2018 EMBASSY OF MALAYSIA HAVANA, CUBA

  2. WHERE IS MALAYSIA? | ¿DÓNDE SE LOCALIZA MALASIA? DOMINICAN REPUBLIC Malaysia is in the Heart of ASEAN: 651 million population, 8.8% of world’s population

  3. BASIC INFORMATION ABOUT MALAYSIA DID YOU KNOW? MALAYSIA’S RANKING IN WORLD TRADE BY WTO: World Merchandise Trade: 25th Exporter | 26th Importer | 25th Trading World Commercial Services Trade: 32nd Exporter | 30th Importer Supplied to 234 Countries

  4. MALAYSIA’S BILATERAL TRADE WITH DR Malaysia's Bilateral Trade with DR (2014 to June 2018) Source: Department of Statistics, Malaysia

  5. EXPORTS TO DR IN 2017 Total Exports increased by 39.6% to US$46.4 mil. Manufactured Goods accounted for 96.2% of exports Palm oil & palm oil based agriculture products US$1.7 mil. (3.6%) IMPORTS FROM DR IN 2017 E&E US$8.6 mil. (18.5%) Total Imports increased by 25.9% to US$5.2 mil. Petroleum Products US$5.5 mil. (11.8%) Rubber Products US$2.2 mil. (4.7%) Machinery, Equipment & Parts US$2.9 mil. (6.3%) Paper & Pulp Products US$0.2 mil. (3.0%) Other Agricultures US$2.8 mil. (54.7%) Beverages & Tobacco US$0.2 mil. (3.8%) Textiles, Apparels & Footwear US$0.6 mil. (11.1%) E&E US$0.9 mil. (18.2%)

  6. GATEWAY TO OTHER MARKETS: MARKET ACCESS THROUGH REGIONAL/BILATERAL FTAs ASEAN Regional/Bilateral FTAs • Implemented 13 FTAs: Many sectors in Malaysia have been relaxed - a suitable location for operational headquarters, treasury functions and the seat of manufacturing and services operations. • Strategic location: Malaysia is a gateway to other markets with preferential access through Free Trade Agreements (FTAs) – potential market. • Strategic economic reformsimplemented to make Malaysia a regional hub for FDI.

  7. Why Malaysia? Home to Tropical Paradise We Embrace Multiculturalism An Unsurpassed Lifestyle STRATEGIC LOCATION Political and Economic Stability Pro-business Government Liberal Investment Policies Excellent Facilities - Convention and Conferences Well Developed Infrastructure/ Connectivity Harmonious Industrial Relations Liberal Business Environment Reliable Banking System Young, Trainable and Educated Labour Force English speaking country Good Track Record IP Protection Quality of Life

  8. SOURCING OPPORTUNITIES FROM MALAYSIA Made in Malaysia, for the World! Rubber-Based Products Electrical & Electronics Petrochemicals Textiles & Apparels Wood-Based Products Green Products & Services Medical Devices & Pharmaceuticals Oil & Gas products & Services Palm Oil Based Products

  9. MARKET ACCESS TO ASEAN (2018 est) • “Total Population of 651million” • “GDP USD3.0 trillion • Per Capita USD4,600”

  10. MALAYSIA’S RECENT ACCOLADES • “No 1 in Asia’s emerging market” – Bloomberg 2018 • “Kuala Lumpur is the • most competitive-priced cities in Asia” • – Asia 2018 report

  11. Investment Performance

  12. Approved Investments in the Manufacturing Sector (2008 – Q2 2018) US$ Billion

  13. Implemented Projects by Countries (As of December 2017)

  14. Implemented Projects in the Manufacturing Sector by Industry (As of December 2018) (US$ 7.5.2Bil) (US$ 58.2Bil) (US$ 11.5Bil) (US$ 13.7Bil) (US$ 28.4Bil) (US$ 17.4Bil) (US$ 19.5Bil)

  15. MIDA Overseas Offices(Malaysian Investment Development Authority (MIDA)) Dubai • Beijing • Guangzhou • Shanghai • Taiwan • London • Stockholm • Munich • Frankfurt • Milan • Paris • New York • San Jose • Chicago Mumbai Seoul • Tokyo • Osaka 20 overseas offices and 12 state offices 12 state offices Sydney Singapore

  16. Functions of MIDA

  17. Core functions Established 1967 1. PROMOTION 2. EVALUATION • Foreign Direct Investment • Domestic Investment • Manufacturing & Selected Services • Manufacturing Licenses • Tax Incentives • Expatriate Posts • Duty Exemption • Principal Hub & selected services 5. PLANNING 3. POST INVESTMENT • Planning for industrial development • Recommend policies & strategies on industrial promotion and development • Formulation of strategies, programmes and initiatives for international economic cooperation • Assist companies in the implementation & operation of their projects • Facilitate exchange & coordination among institutions engage in or connected with industrial development • Advisory Services 4. MONITORING • Licensing & Incentive Compliance and Monitoring • Determination of effective date of incentives • Issuance of Pioneer Certificate

  18. Investment Facilitation Industry Talent Management and Expatriate Post Investment and Infrastructure Support Licensing and Incentive Compliance and Monitoring Incentives Coordination and Collaboration Office (ICCO)

  19. Establishment of ICCO • Incentive Coordination and Collaboration Office (ICCO) was established in MIDA on 15thApril 2015. • Objectives:- • Major Projects: • Phase 1 – Investment Incentives Portal (i-Incentives) • Providing greater visibility and advisory services to investors - awareness of total incentives offering to investors by Federal Government. • Better identifying gaps and enhancing opportunitiesacross total scheme offering ensuring underserved segments are taken care of. • Ensuring cross-agency visibilityto avoid overlaps as agencies have no view of incentives enjoyed by companies. https://incentives.mida.gov.my

  20. Agencies Supporting MIDA as a One Stop Centre Based in MIDA Labour Department Immigration Department Royal Malaysian Customs Telekom Malaysia Berhad 20

  21. International Trade Exhibitions in Malaysia (2019) Malaysia International Furniture Fair www.miff.com.my(March 8-11) Export Furniture Exhibition www.efe.my(March 9-12) Automechanika KL www.automechanika-kualalumpur.hk.messefrankfurt.com(March 21-23) Malaysia International Halal Showcase (MIHAS) www.mihas.com.my(April 3-6) Association of Private Hospitals Malaysia (APHM) International Healthcare Conference & Exhibition www.aphmconferences.org(Jul 31-Aug 2)

  22. THANK YOU Embassy of Malaysia Havana 5th Avenue and 68 Street, No 6612 Miramar, Playa, Havana, Cuba Tel: 53 7 7 204 8883/84 Fax: 53 7 204 6888 Email: mwhavana@kln.gov.my Website: www.kln.gov.my @MYEmbHavana

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