Malaysia

POPULATION

31 million (2015)

Department of Statistics Malaysia

LABOR FORCE

14.5 million (2015)

Department of Statistics Malaysia

GROSS DOMESTIC PRODUCT (GDP)

RM1063 million (2015)

Department of Statistics Malaysia

GDP GROWTH RATE

5% (2015)

Department of Statistics Malaysia

POPULATION OF KUALA LUMPUR

1.73 million (2015)

Department of Statistics Malaysia

LABOR FORCE OF KUALA LUMPUR

882600 (2015)

Department of Statistics Malaysia

MALAYSIA WORLD RANKING

1st in Global Islamic Economy

State of the Global Islamic Economy Report, 2015-2016

1st in Islamic Growth Markets Investment Index (World and Southeast Asia)

Thomson Reuters and DinarStandard, 2015

2nd in Islamic Finance Country Index

Global Islamic Finance Report, 2015

2nd in Global Talent Competitive Index in ASEAN

INSEAD, Adecco and Singapore’s Human Capital Leadership Institute, 2015-2016

4th in Agility Emerging Markets Logistics Index

Transport Intelligence, 2016

9th in Financial Development Market

World Economic Forum, 2015-2016

Top 10 FDI Hotspot

IHS Global Insight, 2016

12th most Emerging Markets

US Global Investors, 2015

15th in World Talent Competitive

IMD World Talent Report, 2015

18th in Ease of Doing Business

World Bank, 2016

19th in World Competitiveness

IMD World Competitiveness Scoreboard 2016

20th in Expat Explorer

HSBC Expat Explorer Global Report, 2015

KUALA LUMPUR WORLD RANKING

2nd in Quality OF Living in South East Asia

Mercer Global, 2016

12th Most Accessible City

MMF Global Power City Index, 2015

 
Malaysia
At The Heart of The Asian Growth Story

Since the 1970s, Malaysia has successfully evolved itself from a producer of raw materials into a knowledge-based, high-technology and emerging multi-sector economy, with the aim to transform its capital further into a world-class city, and become a globally competitive economic hub with high-income nation status by the year 20201.

To achieve this vision, the government has drawn up an Economic Transformation Programme (ETP) designed to accelerate the country’s economic growth via a series of national impact projects, as well as reducing regulations, lowering taxes and liberalizing policy standards. The government has taken steps to offer incentives to some services sub-sectors, boost domestic demand in key priority sectors, such as those 12 identified in the National Key Economic Areas (NKEAs) in which growth will be encouraged within the entire Malaysian economy.

Whilst exports of electronics, oil and gas, palm oil and rubber remain as important economic drivers for Malaysia, the country is expected to go up the value-added production chain by attracting foreign capital and investments through its vision of TRX as the next leading international finance and business district, alongside high technology and biotechnology industries and the services sectors.

Kuala Lumpur
A Global Capital City

Kuala Lumpur, the capital of Malaysia, began as a tin mining settlement in the 1850s and has grown to become one of the most vibrant, diverse and dynamic cities in the world.

A 2,793 km2 metropolis with a population of over 6 million2, Kuala Lumpur is a centre for finance, insurance, real estate, media and the arts, with a proven track record of attracting international capital, businesses, talented professionals and visitors.

In 2010, following the announcement by Malaysian Prime Minister Najib Razak on his plans to make Kuala Lumpur an urban agglomeration to spur the country’s economic growth by the billions through the Economic Transformation Programme (ETP)3, many incentive programmes have been implemented in the country to achieve this vision.

The attractive tax and regulation-friendly business environment, pro-business government, growing upper-middle class population, well-developed infrastructure and cost-effective skilled workforce have made Kuala Lumpur the city of choice for hundreds of multinational companies (MNCs) and foreign investors over the recent years.

Today, Malaysia is ranked 18thfor the ease of doing business4, a testimony that investing and setting up businesses in this city has been attractive for growth and economic opportunities for investors and the world’s leading companies that have relocated to this city. The country is also ranked 19thby the Institute of Management Development (IMD) for world business competitiveness5, TRX will serve as the gateway to Malaysia and beyond, enabling them to simultaneously tap into business opportunities in the entire ASEAN region as well as the fast growing markets of China and India.

In 2016, Kuala Lumpur is ranked 2nd in quality of living in South East Asia6. Due to its increasing importance on the global scale, Kuala Lumpur has been named an ‘Alpha City’ by the Globalization and World Cities Research Network: a category the city shares with Mumbai, Moscow and Sao Paulo.

A Leader In Islamic Finance

Malaysia’s first Islamic bank was opened in 1983. With its track record and tenureship in Islamic banking, Malaysia matured quickly as a leader in this fast growing industry, a sector expected to reach USD2.6 trillion globally by 20177.

The country is the first to develop global sovereign and corporate sukuks, exchangeable sukuks, Islamic Real Estate Investment Trusts (REITs) and Islamic exchangeable bonds. As an industry pioneer, Malaysia is the No. 1 country for Islamic Finance Development8 and ranked 1st in the world for new Islamic funds (52%) and sukuk issuances (69%)9.

As it is widely recognized todayin Islamic finance and banking, TRX is poised to become a global hub for Islamic finance in Kuala Lumpur, as demand for Islamic financial services continues to grow both regionally and globally.

Besides these thriving Islamic financial products, Malaysia also offers a well-defined Shariah governance framework, competitive pricing, human capital development, comprehensive infrastructure, facilitative policies for issuance process and government incentives for investment activities. These offerings will establish TRX as an ideal avenue for furthering the country’s positioning and growth in Islamic finance and become a bedrock of stability to attract more foreign Islamic financial institutions to choose TRX as their destination of choice for establishing their businesses here.

1 Economic Transformation Programme, Performance Management & Delivery Unit (PEMANDU)

2 Investing in Greater KL – Facts and Figures, InvestKL.

3 Economic Transformation Programme, Performance Management & Delivery Unit (PEMANDU).

4 Doing Business 2016, World Bank Group.

5 IMD World Competitiveness Scoreboard 2016, Institute for Management Development (IMD).

6 2016 Quality of Living in South East Asia, Mercer Global.

7 A Leader in Islamic Finance (2013), PwC.

8 Islamic Finance Development Indicator, ICD and Thomson Reuters.

9 Islamic Finance Outlook 2014, KFH Research Ltd, Kuwait Finance House.

TRX City Sdn Bhd

Bangunan TRX,
Jalan Lapangan Terbang Lama,
50460 Kuala Lumpur, Malaysia.

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