Malaysia to register better economic growth

KUALA LUMPUR: Malaysia has retained its pole position in the Established Index as the most attractive manufacturing market of choice for future relocation according to a ‘Cushman & Wakefield’ report.

The credit goes to Malaysia’s infrastructure services, which are conducive to productivity withthequalityofinfrastructure relatively high, despite some concerns surrounding water availability and power outages of late, it said.

“While other middle-income countries may be catching up with Malaysia in terms of infrastructure standards, a recent report by the World Bank indicated that Malaysia still ranked higher than many of these peers in terms of overall logistics performance in relation to quality of trade and transport infrastructure,” it said in the report entitled ‘ Manufacturing Risk Index 2017’.

Headquartered in Chicago, United States, Cushman & Wakefield provides commercial real estate services to help clients turn fixed assets into dynamic assets.

The ‘ Manufacturing Risk Index’ is an annual survey of the manufacturing sector which measures how political, economic, technological and environmental risks are managed during portfolio assessment and site selection by occupiers.

It contains an Established Index which ranks the 30 largest countries by manufacturing output and a Pioneering Index which ranks the top 10 manufacturing locations, by growth, and are less established in terms of output but have the potential to mature as a location of choice.