Malaysia invests!

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Malaysia wants to be noticed and that is why it is spending in the region of US$400 million over the next 10 years so investors notice the place more. Asia is more than just China and India and Malaysia is doing more to be on the global map of investment recognition. For example investments into Indonesia, Singapore, China and India have been increasing but they have been declining a lot in Malaysia so the government has decided to take action. The plans range from a new mass transit system in the capital, Kuala Lumpur, to building a huge oil storage facility next to neighboring Singapore to form a regional oil-products trading hub. A government think tank has been set up and projects have been identified to make it a more competitive place to invest in.  The government aims to boost gross national income from US$188 billion to close to US$523 billion in 2020 and raise per capita income to at least US$15,000, meeting the World Bank's definition of a high-income nation.

This kind of investment from a relatively small nation in Asia shows how competitive the whole region is becoming. Every nation wants to play its part and this will take the Asian region to new heights never seen before. That is the value of the ".Asia" domain name, not only does it let you enter the Asian market in a relatively unexpensive way, but it lets you enter all the Asian markets and since most of them are doing their part to be competitive, it will be a wise move after all.

Source: http://www.scmp.com

Image: williamcho


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