Arab Today, arab today malaysia launches tax subsidies to attract foreign investment
Last Updated : GMT 09:13:08
Arab Today, arab today
Arab Today, arab today

Malaysia launches tax subsidies to attract foreign investment

Arab Today, arab today

Arab Today, arab today Malaysia launches tax subsidies to attract foreign investment

Malaysian Minister Mustapa Mohamed
Beijing - XINHUA

Malaysia provides four new tax subsidies to attract overseas investment, said Malaysian Minister of International Trade and Industry Mustapa Mohamed lately.
The tax subsidies launched by Malaysian Investment Development Authority (MIDA) are applied in the undeveloped areas or sectors, management of industrial zone, capital promoting industrial automation, and major hub building, he said.
The first three subsidies have taken effect since April 6, the last subsidy will be implemented from May 1.
Malaysian government has approved 3,498 projects of five economic corridors’ development during the past eight years, attracting domestic investment of 99.09 billion ringgit (about 27.29 billion U.S. dollars) and foreign investment of 165.65 billion ringgit (about 45.62 billion U.S. dollars) and creating 381,000 jobs, said the minister.
He believed the four subsidies will enhance the competitiveness of Malaysian enterprises and attract more foreign investment.
Media reviews said these newly launched subsidies, especially those to the multinational corporations which build major hubs in Malaysia, will promote the country's competitiveness, enhance international operation of infrastructure, and expand the scale of offshore outsourcing.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today malaysia launches tax subsidies to attract foreign investment Arab Today, arab today malaysia launches tax subsidies to attract foreign investment

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today malaysia launches tax subsidies to attract foreign investment Arab Today, arab today malaysia launches tax subsidies to attract foreign investment

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday