It looks like those who want to make a sound investment might benefit from taking a peek at what’s been going on in Malaysia in recent times. The country’s “political stability and gateway to the huge market in the region,” is making it an increasingly good choice. As well, the region has received a significant economic boost due to implementations carried out under Datuk Seri Najib Tun Razak, the country’s Prime Minister.
America Ambles Towards Malaysia
So it now makes sense for Americans to make investments in Malaysia which it is doing. Since the South East Asia has a high population of nearly 600 million, this makes it a very large market. Just today, Datuk Seri Dr Jamaluddin Jarjis, the country’s Ambassador to America gave a brief to US journalists to prep them for the visit from Najib who is currently in England.
But the question on everyone’s lips is why would Americans be turning outside their already fragile-economy country to make investments elsewhere and not instead choose to help their own economy? Apparently Malaysia’s advantages render it a perfect “platform [through which] to enter the region.” In addition, America views Malaysia as “a serious player in protecting intellectual property rights and had a reliable work force with a good command of English.”
If you just start looking briefly at the history of trading between the two countries, you will start to understand why there is so much excitement at future coalitions. Just last year for example, America was the fourth largest trader in Malaysia, resulting in $36.43bn, a jump of $5.4bn from the previous year. There are further investments predicted too, with the Malaysian Investment Development Authority (MIDA) anticipating American investments to jump 10 percent this year from 2010.
More Business Opportunities in SE Asia
There are continuously more and more business opportunities becoming available in South East Asia. Just yesterday, South Korea’s SK Telecom announced its $16.5m additional investment in a Malaysian broadband operator with a view to developing its presence in the SE Asian market. By 2020, it is expected that around 36 percent of the country’s population will be able to access broadband services. Right now that figure stands at half – 18 percent.
Malaysia Goes Muslim?
Another attractive feature about Malaysian investments is that the country could be used as “a partner to enter Muslim countries.” Various businesses are working with Malaysians in America in an attempt to “use our citizens as a bridge to the Muslim countries.”