Malaysia – A key pillar to ASEAN manufacturing

Santander, together with the Malaysia Investment Development Authority (MIDA), CIMB, DIT and Make UK would like to invite you to joins us for a virtual session all about Malaysia’s manufacturing sector and the opportunities it offers to UK businesses.

Malaysia continues to be an attractive destination for international companies eyeing growth opportunities in the ASEAN region with the government supporting investor-friendly incentives even during the pandemic. It is equipped with superior infrastructure compared to many of its ASEAN neighbours and boasts a well-educated workforce. To date, more than 400 UK companies have a presence in Malaysia.

From a manufacturing perspective, doing business in Malaysia complements the increasing trend of global off-shoring activities. The Manufacturing sector underpinned by its strength in Electrical & Electronics along with Machinery & Equipment, continues to play a key role in Malaysia’s development with strong external demand. The sector embraces the use of technology and is at the cutting edge of the 4th Industrial Revolution (4IR).

• In 2019, 21.4% of Malaysia’s GDP was derived by the Manufacturing Sector

• The manufacturing sector captured 55% of FDI inflow in 2020 and also recorded a 10.3% rise from 20192

• In May 2021, manufacturing sales grew 37.2% YoY to MYR122.7 bn led by the Electrical & Electronics sub-sector3

Featured Speakers:

• Sivasuriyamoorthy Sundara Raja – Deputy Chief Executive Officer – Investment Promotion and Facilitation of Malaysian Investment Development Authority

• Ahmad Shazli Kamarulzaman – Deputy Chief Executive Officer – Group Commercial Banking of  CIMB Bank

• Clifford Bebb – Deputy Country Director at the Department of International Trade

Join the session to learn about trade and investment opportunities available and more importantly, to hear from the experts on what help is on offer to access these opportunities for UK businesses of all sizes. To register, please click on the button below.