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INVEST MALAYSIA
2 invest malaysia
The entire TRX district will be walkable, with shaded routes and connections between the MRT station and shopping mall through the park.
World-class transformation
crucial to the maturity of TRX as a
whole, as it acts as an anchor
landmark to the entire project.
It can also help catalyse the
physical development for other
parts of TRX and support the
establishing of the overall TRX
brand.
The tower, which is currently the
only building in TRX offering office
space for lease, will comprise 92
floors, with massive column-free
floor plates averaging at 34,000sq
ft. It is located within the
prominent Financial Quarter of
TRX, fronting Jalan Tun Razak and
Jalan Sultan Ismail.
The development of TRXs
Lifestyle Quarter has also seen
solid progress since April, with
rock blasting and excavation works
being carried out.
The retail-led mixed-use
development, which has a forecast
gross development value of more
than RM8bil, is a joint undertaking
between TRX and Australias
Lendlease.
It occupies more than 17 acres
(6.9ha) and, when completed,
will comprise a new retail mall,
several residential towers and a
hotel, all connected to a roof-top
Once completed, TRX is set to become a world-class financial and commercial hub that will enhance the nations
capital.
sustainable international
financial district.
One of the advantages for TRX
being developed at a master plan
level is that, apart from having
buildings that meet a required
level of sustainability, its large
infrastructure is outfitted at the
district level this allows
businesses and residents to be
even greener.
TRX is currently partnering
with Veolia Water Technologies
Southeast Asia for wastewater
treatment and recycled water
supply.
A key component of its
sustainability framework, the
district will be supported by
Veolias onsite water treatment
system to reduce water
consumption by recycling more
than 90% of the wastewater.
This recycled water is to be
used mainly for toilet flushing,
cooling and irrigation and is
expected to cut potable water
demand from Syarikat Bekalan
Air Selangor (Syabas) by about
half. The recycled water will also
be used for irrigation of the
12-acre (4.9ha) TRX central park,
the green lung at the heart of the
district.
The park and the rest of TRX
landscape are important elements
in helping the district create a
desirable open space in making it
a pedestrian-friendly district.
The entire TRX district will be
a walkable neighbourhood with
shaded routes, including
connections between the MRT
station and the shopping mall
through the park.
Squares, gardens and parks
will all be connected via a
network of water features and
streets lined with mature trees.
Grant Associates, the consultant
for distinctive sustainable
landscape such as Singapores
Gardens by The Bay, has been
chosen to design TRXs Public
Realm.
4 invest malaysia
Collaborative
infrastructure
According to Cyberviews
managing director Faris Yahaya,
Cyberjayas journey is part of
Malaysias aspiration to become a
high-income economy rooted in
digital innovation.
We intend to be fully recognised
as a global tech hub by 2020, and
this is a continuous work in
progress we are constantly
adding new milestones as we bring
new collaborators and projects on
board, says Faris.
Building an environment
conducive to technological and
business growth is Cyberviews
priority in meeting this goal, and
the Smart City initiative is a key
component of strengthening
infrastructure and improving
quality of life.
For example, the Low Carbon
City Framework was implemented
to align and mobilise green efforts,
aiming to reduce Cyberjayas
Treasury
secretary
general of the
Finance Ministry
Tan Sri Dr Mohd
Irwan Serigar
Abdullah
(centre) and
Cyberview
managing
director Faris
Yahaya (second
from right) at
the document
exchange
ceremony for
the
Memorandum
of Collaboration
with Intelsec
Sdn Bhd.
Cyberjayas infrastructure development grooms it to become the nations Global Technology Hub.
6 invest malaysia
Golden touch
of Selangor
SELANGOR has always been at the
forefront of investment and
development in Malaysia. Dubbed
the golden state, Selangor is not
only a prime location for potential
investors to make a mark here in
Malaysia, it is one of the states with
the best accessibility to business
and lifestyle infrastructure for
investors and expatriates.
Invest Selangor, the states
investment promotion agency, is
always on its toes to promote
Selangor for foreign direct
investment (FDI) and domestic
direct investment (DDI).
Formerly known as the Selangor
State Investment Centre (SSIC
Berhad), Invest Selangor
underwent a massive rebranding
exercise to emphasise its relevance
to the local and foreign investment
scene and create a lasting branding
impression. To date, Invest
Selangor has received excellent
feedback as a result of its
rebranding.
This year has proved to be a
challenging year so far for
investments across the board in
light of the recent slump in the
global economic climate due
to the drop in oil prices and
the Malaysian ringgit.
However, Invest Selangor
believes that every cloud has its
silver lining and these challenges
now present themselves as
opportunities to allow Selangor to
shine as a premier investment
destination.
The drop of the ringgit has
become quite the advantage as the
purchasing power among investors
has increased and it is now
cheaper to purchase land, factory
lots and other infrastructures to
start a business here in Selangor,
says Hasan Azhari Idris, chief
executive officer of Invest
Selangor.
According to Hasan, Malaysian
exporters also benefit from the
lower prices compared with
New horizons
To further boost investment
opportunities in the state, Invest
Selangor has set up councils to
oversee industries that are now
booming and gaining a global
market attention.
The Selangor Information
Technology and E-commerce
Council (Sitec) was launched last
year to develop Selangor as a
trading centre for e-commerce and
New waves
SINCE the start of the year, new
investment proposals have been
buzzing in Selangor and these
projects will not only contribute
to the states GDP but will open
up more job opportunities.
1. UMW intends to establish a
hard metal manufacturing park
in Serendah targeting the
aerospace industry, where the
company will manufacture fan
cases for aircraft engines for
engine maker Rolls Royce.
The second soft launch of the Selangor International Expo 2016 officiated by the Selangor Mentri Besar Datuk Seri
Mohamed Azmin Ali (third from left) in Tokyo, Japan, on May 16.
Creating exposure
Selangors service sector
contributes 59.5% of Selangors
gross domestic product (GDP) and
another 29.5% is contributed by
the manufacturing sector.
Hence, Invest Selangor is
looking to boost both these
sectors by organising the Selangor
International Expo 2016 for the
second time running from Oct 20
to 22 at the Mines International
Exhibition and Convention Centre
(MIECC).
The expo aims to
promote Selangor as an
investment destination
and a gateway to
investment opportunities
in the Asean global
trading hub in Malaysia.
It is also an opportunity
for investors to learn about
the infrastructure,
logistic partners
and distribution
centres available
in Selangor and
how they can
leverage on
them, says
Hasan.
Since last
year, Invest
8 invest malaysia
Strategic game-changing
infrastructure
The development of strategic
infrastructure in ECER is far from
over. More is being, and will be,
done.
The Kuantan Port expansion that
will be completed by 2018 will be
one of the game-changers. Once
completed, it will be an 18m
draught deep-water port with an
additional 4km of berth space
capable of handling 52 million
freight weight tonnes and vessels
of up to 200,000 deadweight
tonnage (DWT). The port will be
able to take in the largest ships
such as those of the Panamax class.
Kuantan Port is poised to
become the Rotterdam of the
East, where the expansion of the
port will contribute to a quicker
and direct route between ECER and
other ports in Chinas eastern
region and to the rest of the world.
Currently, it takes only three to
four sailing days from Kuantan
Port to Qinzhou Port in China, and
four to five days to Osaka in Japan.
The Government has provided
incentives and infrastructure to
support the growth and
connectivity in the ECER with the
other parts of peninsular Malaysia
and the rest of the world.
The East Coast Expressway
(LPT1) has halved travel times
between Kuala Lumpur and
Kuantan. LPT2, which connects
Jabor to Kg Gemuruh, Kuala Nerus,
has been completed while LPT3
that will extend the reach of the
expressway along the coast
through Terengganu to Kota Baru,
ECER: preferred
investment destination
Industrial parks
Industrial parks play a key
catalysing role for manufacturing
in ECER. Cumulatively, ECERs 12
industrial parks have to date
attracted RM23.2bil in investments,
creating 30,000 jobs for the people.
The Malaysia-China Kuantan
Industrial Park (MCKIP) began
with 1,400 acres (566.6ha) but in
the last year, the increasing
demand for land from China
investors has resulted in approved
expansion in the area to become
Policies
To further boost investments in
the ECER, the Federal and state
governments have put in place
various incentives and probusiness investment policies to
facilitate the growth of businesses.
These incentives cover tax
exemptions, investment allowance
10 invest malaysia
Despite the slump in the global economy, Malaysias economy is expected to continue its growth, aided by foreign and domestic direct investments.
RM3.8bil
2.1%
Primary sector
Finishing strong
ACCORDING to the Malaysian
Investment Performance Report
2015 published by the
Malaysian Investment
Development Authority, there
was positive account of
investment gained over the
past year despite the impact of
global economic uncertainty.
Malaysias service sector
continues to attract the most
investment with a total of
4,150 approved projects with
investment amounting to
RM108.2bil (57.9% of total
investments last year).
Out of this value, domestic
direct investment (DDI)
totalled RM95.8bil while
foreign direct investment (FDI)
amounted to RM12.4bil worth
of investment.
Malaysia also continued to
attract new projects in the
manufacturing sector last year
that amounted to RM60.2bil
from 384 projects, which is
80.6% of the total investment
approved.
It was recorded that
RM11.6bil (19.3%) worth of
investment was from foreign
sources while RM48.6bil
40%
Total investment
in 2015
57.9%
RM74.7bil
Manufacturing sector
RM108.2bil
Services sector
The total amount of investment in 2015 for the services, manufacturing and
primary sectors.
manufacturing sector.
In the services sector, Islamic
finance; information,
communication and technology;
oil and gas services; private
healthcare; private higher
education; ecotourism; the halal
industry; and professional
services are some sub-sectors
that are poised to generate highincome jobs and enhance the
nations economy.
invest malaysia 11
Novel opportunities
Initiatives have been
taken to establish
new innovations
in Malaysia that
will attract more
potential investors
to settle in Malaysia,
especially as
the country is a
gateway to the
Asean Economic
Community.
Oncogen Pharma
Sdn Bhd
Oncogen Pharma, a subsidiary of
Scitech Ltd, Dubai, is engaged in
the research and development
(R&D) of active pharmaceutical
ingredients (APIs) as well as
formulation and manufacturing of
bulk drugs for applications in the
pharmaceutical industry.
The companys R&D facility in
Shah Alam, Selangor, is the first
API Oncology Research Centre in
Asean while a new manufacturing
facility in Bandar Enstek, Negri
Sembilan, will be formulating and
ViTrox Technologies
Sdn Bhd
ViTrox Technologies is a
home-grown company that has
Honeywell International
Sdn Bhd
Honeywell featured on Fortune
magazines Fortune 100 list
provides commercial and
consumer products, engineering
services and aerospace systems for
a wide variety of customers. The
company is the first global
company to join Malaysias
Principal Hub initiative.
The growth of Honeywell in
Malaysia will further contribute
positively to the countrys economy,
especially in the development of
local talent who are crucial to
Malaysias social and economic
growth.
Tosoh Advanced
Materials Sdn Bhd
Tosoh Advanced Materials is a
global Japanese chemical company
that will be manufacturing
synthetic zeolite or high-silica
zeolite (HSZ) in Terengganu.
The production of HSZ in
Malaysia will contribute to
applications in vehicle catalytic
converters in automobile exhaust
pipes to absorb pollutants and
harmful gases.
Being the first of its kind in
Malaysia, the project has the
potential to propel the country to
become a world-class hub for the
production of HSZ and complete
the chemical and petrochemical
ecosystem in the country.
Embracing innovation
> FROM PREVIOUS PAGE
Looking at neighbouring
countries, the South-East Asian
region is also brimming with
investment and trade opportunities
via Asean and the recently formed
Asean Economic Community (AEC).
With a commitment to build a
business-conducive investment
ecosystem, Asean created the
Asean Comprehensive Investment
Agreement, which targets the
liberalisation and protection of
cross-border investment operations
and best practices to handle
foreign investors and investments.
In addition, Malaysia, Indonesia,
the Philippines, Vietnam, Singapore
and Thailand have formed the
Asean Exchanges a live stock
exchange monitoring platform to
promote Asean capital markets and
boost investment opportunities in
the region.
Industry 4.0 an
upgrade
With the intense development in
the integration of automation and
information and communications
technology, the dawn of Industry
4.0 has begun.
Industry 4.0, also known as the
fourth industrial revolution, is the
Investment
9.4%
Average growth of real
private investments
RM
bil
Average private investments
in current prices
2.7%
Average growth of real
public investments
RM
131
bil
Consumption
6.4%
Average growth of real
private consumption
3.7%
Average growth of real
public consumption
Investment and consumption projection for 2016 to 2020 under the 11th
Malaysia Plan (11MP).
implementation of automation
paired with data exchange in
manufacturing technology such as
cyber-physical systems, Internet of
things and cloud computing.
Industry 4.0 has the potential to
open up more investment and
trade opportunities for newer
industries in Malaysia by boosting
FDI and creating more job
opportunities, especially for
professionals in niche fields.
According to General Electric
Global Innovation Barometer 2016
survey, 93% of Malaysian business
executives are aware of recent
innovations and believe a
companys innovative value is not
12 invest malaysia
Fruits of
investment
By THERESA BELLE
Boston Scientific
medical device plant