AMCHAM Meeting with World Bank and Bank Negara

On 5 February, AMCHAM welcomed senior representatives of the World Bank and Bank Negara Malaysia as part of their joint mission led by the World Bank’s Global Investment and Competition Unit.

This well-attended roundtable discussion was focused on how Malaysia’s tax incentives system can support new investments, particularly in emerging technology industries and R&D-related activities. Members shared with the visiting delegation their perspectives on how MNCs choose where to place new business lines or production facilities, and their experiences of the support and investment facilitation bodies that Malaysia makes available to foreign investors.