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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Johor govt working towards increasing civil servants income, says MB
JDT to continue focussing on winning Charity Shield despite recent attacks, says Johor MB
Cops nab man for alleged robbery turned murder in Bukit Mertajam
No to violence: Bukit Aman's classified crimes investigation unit to probe attacks against footballers
KTMB provides two additional ETS services ahead of first term school holiday
Narathiwat bomb blast: Two Malaysians, including pregnant woman, recall anxious time
Anwar presents donation to family of pioneer reformasi activist, Pak Amjal
Korean deejay disrespectful for dressing up as monk, says Dr Wee
Trees along Jalan Sultan Ismail at risk of falling, says expert
Police inspector claims trial to obstructing another officer from discharging duty

Others Also Read