Overview
This publication highlights the advantages that make Greater Kuala Lumpur (KL) an ideal gateway and commercial hub for companies across the world who wish to tap into Asia’s emerging market – a market that is poised to be among the fastest growing in the world.
Situated at the centre of the trade route between China and India, and next to one of the world’s busiest shipping lanes – the Straits of Melaka – Greater KL’s strategic location adds to the city’s attractiveness as a business destination.
The city has evolved to become a dynamic hub for domestic, regional and international markets. It has flourished because of a number of factors, including its skilled workforce, efficient and competitive market, and readiness to adopt new technology.
The storied history of the city has also given rise to a multicultural and multilingual society: a unique community well versed in Malay, Chinese and Indian customs that is culturally compatible with major Asian markets.
Why companies invest here
Greater KL regularly features as one of the top cities in Asia in multiple benchmark studies*.
It's even more competitive at country level, ahead of major emerging economies such as China, India and Indonesia.
*A.T. Kearney Global Cities Index, DHL Global Connectedness Index, IESE Cities in Motion Index and Mori Global Power City Index
Greater KL offers visitors a uniquely Asian experience.
The city is a hodgepodge of Malay, Chinese and Indian heritages and attractions, with hints of the country’s British colonial past shining through.
Greater KL has a workforce ready to serve business needs.
Malaysia is recognised as one of the top Asian countries in terms of developing, attracting and retaining the talent pool necessary for businesses to maximise their performance.
Greater KL is well positioned to ride the digital wave.
Malaysia is among the top 10 exporters of high-technology products in the world and is ranked 6th in Asia in terms of networked readiness.
Greater KL is cost competitive.
Based on PwC’s Cities of Opportunity 7 benchmarking, Greater KL has the lowest cost scores amongst Asian cites.
Greater KL offers attractive investment incentives.
These include the Principal Hub incentive, Multimedia Super Corridor (MSC) Malaysia status, government support and other tax incentives.
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