Terengganu: the investor-friendly state
Article Abstract:
Terengganu is an investor-friendly state located halfway down the East Coast Development Corridor in Malaysia. Crude oil was first produced offshore twenty years ago and the extractive industries, which include gold, clay and other onshore minerals, in 1996 produced just over 55% of the total GDP of the state, which stood at RM8.7 bil (US$3.4 bil), up 8.3% vs 1995. The state is a major center for heavy process industries, mostly because of the large oil and gas developments.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1997
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Incentives less important - Rafidah
Article Abstract:
Fiscal incentives are largely unknown by those who invest in Malaysia. Malaysian International Trade and Industry Minister Datuk Rafidah Aziz told journalists that incentives are an important elemenet of attracting foreign investment, but almost half of these investors are not aware of them. The US ambassador has also stated US investors would participate more if the government relaxed restrictions on foreign equity ownership.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1997
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The Mahathir factor
Article Abstract:
Malaysian Prime Minister Dr. Mahathir Bin Mohamed spoke at Imperial College, London, in Jun 1997, about his vision to promote the Multimedia Super Corridor (MSC), which will create opportunities for foreign investment and expertise. The MSC will create the world's first digital state with laws, policies, infrastructure, and practices.
Publication Name: Asian Review of Business and Technology
Subject: Economics
ISSN: 0956-3784
Year: 1997
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