Malaysia ranks high in Asean investment destination survey


  • Nation
  • Friday, 13 Dec 2013

Asean-BAC said that the result was in line with the views of respondents in the Economist Corporate Network report, which picked economic growth rates, and size and spending power of consumer population as the two most attractive features for investing in Asean.

The survey also revealed that 52 per cent of respondents said they would invest or expand investments in the region to supply main or leading customers, while 31 per cent said they would do so because of access low-cost production facilities.

Asean-BAC said observations were consistent across all firm sizes and were consistent with responses in the 2010 survey, the last time the question was asked.

Twenty per cent of those surveyed said that access to natural resources was a reason to invest in the region, while 18 per cent pointed to closeness of research and development and innovation.

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