Manufacturers are encouraged to invest in Negeri Sembilan. Below are the relevant details for you to know before investing:
Why Invest in Negeri Sembilan?
Negeri Sembilan has more than 50 strategically located low-cost and well-equipped industrial estates perfectly suited to a wide range of manufacturing operations. Prices of industrial land in Negeri Sembilan are significantly lower than those in the Klang Valley (Kuala Lumpur).
A wide range of attractive tax and non-tax incentives are available for companies seeking to invest in new projects or expanding existing ones in Negeri Sembilan.
Malaysia has a fully liberalized guideline on foreign equity participation in manufacturing projects, allowing foreign in-vestors to hold 100% ownership of all new projects regardless of export levels. Foreign manufacturing companies are allowed to bring in expatriate personnel if there is a shortage of trained Malaysians. They are also allowed ‘key post’ or positions that are permanently filled by foreigners.
In addition to the Promotion and Investment Act 1986 given by Federal Government, the state can consider certain incentives for selected special project/cases such as:
- Built and lease option for factory buildings for selected project.
- Waiver on assessment tax/quit rent for special projects.
- Special water rates for selected promoted projects.
Excellent Infrastructure Facilities:
Malaysia and Negeri Sembilan as well has one of the most advanced and competitive telecommunications infrastructure in the region with high speed fiber optic cables and satellite links to connect companies to the rest of the world.
The nation's telecommunications sector is liberalized with many companies competing on the bases of value-added services. Cellular tariffs are unregulated and there is keen competition amongst the three cellular service providers. The nation enjoys reliable dial-up, broadband and 3G services.
Read more: Advantages In Investing In Negeri Sembilan
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