ANNOUNCEMENT 31 Dec 2015In December 2015, the government of Malaysia announced changed rules for foreign investors.
NUMBER OF INTERVENTIONS
Malaysian Investment Development Authority: Business Opportunities; Malaysia's Automotive Industry, December 2014, page 2-3
Available at: http://www.mida.gov.my/home/administrator/system_files/modules/photo/uploads/20140214135753_Automotive2012.pdf
Malaysian Investment Development Authority: MITI unveils New Automotive Policy, 22 January 2015
Available at: http://www.mida.gov.my/home/82/pages/
World Trade Organization document WT/TPR/M/292/Add.1m; trade policy review, Malaysia, minutes of the meeting, pages 193-194
Available at: https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S009-DP.aspx?language=E&CatalogueIdList=124354,123898,123743,123643,123644,121995,122030,100157,100985,109385&CurrentCatalogueIdIndex=0&FullTextHash=
United States Department of State, 2014 Investment Climate Statement, page 3
Available at: http://www.state.gov/documents/organization/228922.pdf
Malaysia Automotive Association: National Automotive Policy (NAP) 2014
Available at: http://www.maa.org.my/pdf/NAP_2014_policy.pdf
In January 2014 the government of Malaysia introduced the National Automotive Policy (NAP) 2014. NAP was originally introduced in 2006 and hereafter revised in 2009, see related measure. The revision introduces a financial package of around RM 2 billion (ca. USD 458 million) until 2019 in various areas of the value chain. The package will promote the automotive industry with a special focus on the area of energy-efficient vehicles (EEV) and the infrastructure related to the manufacturing and distribution of these. It will mainly consist of soft loans of around RM 1.89 billion (ca. USD 432 million) and to a lesser degree of grants amounting around RM 175 million (ca. USD 40 million).
The 2014 revision introduced the following measures:
Whilst this policy replaces the NAP from 2006 and revision introduced in 2009 (see related measure) the following measures are maintained: