64pc in­crease in for­eign cap­i­tal last year from 2015

New Straits Times - - Business -

KUALA LUMPUR prices, min­i­mum wages plus eco­nomic growth are the at­trac­tion for for­eign fac­tory in­vest­ment.

As for In­done­sia, Forbes viewed the con­tin­ued pol­icy re­forms in­tended to ease red tape would help at­tract in­vestor, par­tic­u­larly in the min­ing and en­ergy, plan­ta­tions and fi­nan­cial ser­vices.

In­dia’s low wages and a young pop­u­la­tion and lib­er­al­is­ing in­dus­tries has steadily at­tracted a range of for­eign firms. In­vestors are chas­ing au­to­mo­tive pro­duc­tion, tele­coms and bio-man­u­fac­tur­ing, tak­ing ad­van­tage of gov­ern­ment in­cen­tives in some cases, ac­cord­ing to the Forbes ar­ti­cle.

A pro-busi­ness stance, tax breaks on ex­pen­di­tures for R&D and duty ex­empt on im­ports for high-tech firms are among Malaysia’s ap­peal.

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