Swiss companies can also benefit from a reputation for high quality, precision and reliability.
The country is also seeking to become the aeronautics hub for Southeast Asia and is increasingly investing in the sector. The government is establishing tax incentives to attract foreign companies in the air transport sector.
Its competitor Singapore is becoming more and more expensive, a development which has a knock-on effect for the Malaysian economy. Malaysia is marketing itself as an attractive and cheaper location for companies.
Business opportunities are primarily in the areas of:
- life science
- aerospace
- MEM