Malaysia is a key market in Southeast Asia for many Canadian exporters. The country enjoys excellent infrastructure and transport connectivity supported by a healthy financial sector. Economic growth has slightly weakened in 2016 but remained decent and is expected to sustain into 2017. The industries in Malaysia are gradually moving up the supply chain to more capital intensive and higher value added products that employ more advanced technology. While there exists many opportunities for Canadian companies in a number of sectors, lack of transparency around government procurement as well as corruption continue to challenge exporters and investors. Partnering and joint venture relationships with local Malaysian companies is seen as an effective solution to these obstacles.
- Advanced Security
- Construction & Infrastructure
- Environmental Infrastructure & Waste Water
- Medical Technology & Devices
- Oil and Gas