Dari Barclays report...
Malaysia is expected to lead growth in Southeast Asia until 2015, thanks to reforms and projected roll-out of major infrastructure projects.
Malaysia will see “strong growth” as “on going reforms and large infrastructure projects provide a solid foundation for economic activity.”
The bank sees Malaysia growing at 4.8 percent in 2013, 5.4 percent in 2014, and 5.3 percent in 2015. Barclays expect some growth normalization, as a further recovery in the region's largest economy drives activity in sync with the global economy forecasting emerging Asia growth of 6.1 percent this year and the next and 6.4 percent in 2015.
Malaysia's efforts and ongoing initiatives to transform the economy and provide a conducive investment climate that is pro-business.
The introduction of comprehensive policies including the New Economic Model, the Government Transformation Programme and the Economic Transformation Programme, as well as, work to improve the delivery system that has contributed to Malaysia's economic growth.
Best practices in the promotion and facilitation of investment through investment promotion agencies such as the Malaysian Investment Development Authority, which is cited as one of the best promotional agencies in Southeast Asia.
The approach to reforms have been characterised by gradualism and pragmatism although Malaysia's transformation agenda had often been associated with economic crisis.
Malaysia had good and systematic corporate governance, regulated by various rules and laws.
In order to enhance the investment climate, further liberalisation of the services sector and improvements to the intellectual property regime.
Strengthened cooperation between industry and higher education institutions to overcome shortage of skilled workers and sustained momentum to ensure successful implementation of reforms in corporate governance.
Focus on promoting investments, both domestic and foreign, in high value-added activities and niche areas to achieve the goals of the transformation agenda.
Continue to promote the development of key areas and create an environment for innovation and, research and development. These will be further augmented with effective enforcement of better intellectual property laws and enhanced entrepreneurial skills besides promoting the development of small-and-medium enterprises.