enabling innovation smart cities smart living in malaysia presentation by tony collingridge...
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Smart Cities, Smart Living
in Malaysia
Tony Collingridge OBEDirector of UK Trade & Investment - Malaysia
Agenda
• Malaysia – Market Overview
• Economic Transformation Programme
• Malaysia’s Cities
• Government Green Initiatives
• Key Sectors
• Why do Business in Malaysia?
Malaysia’s Strategic Location
Heart ofAsia
Malaysia - Ethnically Diverse
Race, Religion and Politics.
Prime Minister Najib
Pro-Malay (Bumiputra) action
Malaysia’s Economic Growth
Economic Transformation Programme to turn Malaysia into a developed economy by 2020.
Goal to increase per capita income to US$15,000 by 2020, 2011 figure was US$9,700.
Requires annual GDP growth of 6% per annum (2011 – 5.1%).
Shift to more service-based economy
Domestic consumption a key driver of growth.
Host of different initiatives ongoing (particularly in infrastructure and education)
Ambitious, but is it achievable?
Business Agenda
Liberalisation
2009 – 27 subsectors, banking & insurance licences
2012 – 17 subsectors
• Private hospitals, dental clinics
• International schools, private universities
• Legal services – 40% equity in joint ventures
• Architecture/engineering/accounting
UK-Malaysia Trade
Plan to double trade to approx. £8 billion and grow investment by 2016
UK exports to Malaysia in 2011 up 14% to £2.25 billion
Overall trade now worth £4.38 billion
UK trade surplus of approximately£12 million
UK exports of services worth £800 million in 2011
Malaysia’s Cities
PenangPopulation: 1.6 millionArea: 1,031 sq km
Kuala Lumpur& Klang ValleyPopulation: 5.7 millionArea: 2,900 sq km
Johor BahruPopulation: 1.8 millionArea: 2,217 sq km
MBPJMBPJ
PPutrajayaPPutrajaya
DBKLDBKL
MPAJMPAJ
MPKajangMBSAMBSAMPKlangMPKlang
MPSelayang
MPSepangMPSepang
MPSJMPSJ
Population (2010) : 5.70 million , Size : 2,900.00 sq.km (10 Local Authorities)
Oil & Gas Hub
TRX
Cyberjaya
Halal Food Hub
Aerospace Hub
Education Hub
Free Industrial Zones
Medical Hub
Food Hub
Greater KL / KV’s Blueprint
Source:
NCER : NORTHERN CORRIDOR ECONOMIC REGION
ECER : EAST COAST ECONOMIC REGION
RECODA: REGIONAL CORRIDOR OF DEVELOPMENT AUTHORITY
IRDA : ISKANDAR REGION
SDC : SABAH DEVELOPMENT CORRIDOR
Greater KL/KV
LABUAN FSA
Greater KL / KV Links to Corridors of Opportunity
Source:
Government GreenInitiatives
Ministry of Energy, Green Technology and Water established April 2009
National Green Technology Policy launched November 2009
– “Green Technology shall be a driver to accelerate the national economy and promote sustainable development”
National Climate Change Policy launched in Nov 2009
Range of green initiatives including:– Intensify green technology research and innovations– Green Technology Financing Scheme– Green tax incentives– Develop infrastructure roadmap for use of electric vehicles
in Malaysia– International Greentech and Eco Products Exhibition and
Conference Malaysia (IGEM)
Built Environment
60% of the RM230 billion 10th Malaysia Plan budget allocated for infrastructure
Public-Private Partnerships
Green Buildings Mission Campaign 2011-2015 launched with RM1.5 billion of Government funding and tax incentives for green technology.
The Green Building Index (GBI) set up in 2009 by Malaysian Institute of Architects and Association for Consulting Engineers Malaysia and supported with Government incentives for those buildings that comply with GBI criteria.
Energy & Environment
Malaysia voluntarily commited to reduce its emissions intensity of GDP by 40% (based on 2005 levels) by 2020.
Malaysian Renewable Energy law passed in 2011 with feed-in-tariff (FiT) to promote development of renewable energy.
Renewable energy will increase from <1% in 2009 to 5.5% of Malaysia’s total electricity generated by 2015, 11% by 2020 and up to 25% by 2050.
Energy sector not yet liberalised, so foreign companies can only have 49% equity while the local partner will have 51% and controlling stake in local renewable energy projects.
EducationMalaysia ranks 4th in the world in terms of students pursuing degrees or professional qualifications.
Number of UK educational establishments have set up campuses in Malaysia.
Malaysia has the 3rd largest Chevening programme in the world and its alumini numbers 1,250.
Hub for transnational education in the region.
Demand for educational technology/software for improving teaching and learning in schools.
Demand for technical and vocational skills training and UK-Malaysia joint awards/certification.
Digital Environment
High mobile penetration rate of 133% in comparison to 76% in Southeast Asia.
Government’s National Broadband Initiatives helped achieve a penetration rate of 64%
4G networks live in January 2013 and telecoms companies will be looking for partners in handsets, network capacity, application and content.
Digital terrestrial TV will create opportunities for mobile TV and 3D TV content when analogue broadcasting switched off in 2015.
‘Connecting 1Malaysia’ is to create an ecosystem of smart connectivity applications and generate RM1.8 billion in GNI.
Health
Malaysia spends 4.8% of GDP on healthcare.
Two-tier healthcare system. Government-run universal healthcare system handles 75% of Malaysia’s healthcare needs and there’s a vibrant co-existing private healthcare system.
Growing market for healthcare tourism.
Private hospital sector fully liberalised and plans to liberalise specialist medical and dental clinics.
Plan to become region’s biotech hub and leverage on the country’s diverse natural resources.
Opportunities for UK life science companies include: clinical trials and contract research; contract manufacturing of medical devices and pharmaceuticals.
Why do Business in Malaysia?
• Close ties with the UK - English a key
•Relationship has never been closer
•Similar governmental and legal systems
•And do not forget football!
•Robust, generally open, high growth economy
•Good infrastructure - IT, roads, airport
•A good base for the region and Asia
•UKTI Support and a strong British Chamber
Thank you
My Contacts
Tony Collingridge OBE
Director of Trade & Investment
Tel: +603 2170 2310
tony.collingridge@fco.gov.uk
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