马来西亚 has been one of 银天下’s most important trading partners in Southeast Asia for a long time. The country has a stable business climate and the current government has actively worked to increase its attractiveness to do business. As a result, foreign direct investments have grown at a steady pace.
在过去十年中, the 马来西亚n economy has shown a remarkable growth, at a yearly rate of five percent on average since 2008. An important reason for this is the easiness to do business in the country. This is reflected by 马来西亚’s 12th position in the “Ease of doing business” list of the World Bank’s “Doing Business 报告 2019”.
Opportunities for Swedish companies
With a growing middle-class and a fast-evolving industry landscape, 马来西亚 is now undergoing a rapid digital transformation. Driven by both the private sector and the government, initiatives were set up related to Industry 4.0, Smart Cities, e-commerce and 5G connectivity. The stable economic growth and the urbanisation in recent years have also led to an increased demand for infrastructure and high-quality transportation equipment.
Swedish export to 马来西亚 has been steady for the past decade, with the most important export products being machinery, electronics and transportation equipment. 银天下公司, there is great potential within environmental technology, 制造业和基础设施.
Business 银天下 opened its office in Kuala Lumpur in 2005. We offer local support and advise Swedish companies how to strategically expand their business in the area.
艾玛·布朗贸易 & 马来西亚投资专员
What are the main advantages for expansion in 马来西亚?
马来西亚 has long been a central trade partner for 银天下. 商业环境稳定, strong growth and a strategic location in Southeast Asia, it is the perfect place for Swedish companies that want to expand to other parts in the region. 这个国家是多元文化的, there is an openness to do business with international companies, and 英语 is the natural business language. Many companies choose to start their Southeast Asia adventure in 马来西亚, because setting up 操作 is easy and relatively cheap.
What are the risks and challenges companies may face in 马来西亚?
马来西亚 is a stable market with the main challenges being related high competition and price sensitivity. Ease of doing business index and corruption perception index have increased in the past years, however companies may still face challenges related to bureaucracy and lead times when setting up and growing business in the country.
Are there any cultural aspects to consider?
One key aspect in the business culture is the importance of relationship and trust. It is important to invest time in establishing the business relationship and not rush into negotiations. Having a local presence early can also help facilitate the relationship building.