3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as...

37
3 rd Meeting of the COMCEC Tourism Working Group Ankara, Turkey | 4 March 2014 Tourism Success Stories of Malaysia

Transcript of 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as...

Page 1: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

3rd Meeting of the COMCEC Tourism Working Group

Ankara Turkey | 4 March 2014

Tourism Success Stories of Malaysia

MAJOR FOREIGN EARNINGS 2011 amp 2012

Total nominal Gross Domestic Product (excluding tourism) = RM2867 billion (2012) amp RM 2694 billion (2011)

Total Receipts as a ratio to GDP = 65 (2012) amp 7 66 (2011)

Source Bank Negara Malaysia Annual Report 2011 amp 2012

MAJOR FOREIGN EARNINGS 2011 amp 2012 2011 (RM) 2012 (RM)

Manufactured Goods 1599 billion 1590 billion

Tourist Receipts 178 billion 185 billion

LNG 152 billion 169 billion

Palm Oil 184 billion 162 billion

Crude Oil 97 billion 97 billion

Rubber 406 billion 24 billion

MALAYSIA Tourism Industry Performance 2012 2013

INTERNATIONAL TOURIST ARRIVALS BY COUNTRY OF DESTINATION

Source UNWTO

Rank COUNTRY

TOURIST ARRIVALS (MILLION) CHANGE

lsquo12 lsquo11 2011 2012 1110 1211

1 1 France 816 830 50 18

2 2 United States 627 630 49 49

3 3 China 576 577 34 03

4 4 Spain 562 577 66 27

5 5 Italy 461 464 57 05

6 6 Turkey 347 357 105 30

7 8 Germany 284 304 55 73

8 7 United Kingdom 293 293 36 -01

9 12 Russian Federation 227 257 119 134

10 9 Malaysia 247 250 06 13

MALAYSIArsquoS ACHIEVEMENTS

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 2: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

MAJOR FOREIGN EARNINGS 2011 amp 2012

Total nominal Gross Domestic Product (excluding tourism) = RM2867 billion (2012) amp RM 2694 billion (2011)

Total Receipts as a ratio to GDP = 65 (2012) amp 7 66 (2011)

Source Bank Negara Malaysia Annual Report 2011 amp 2012

MAJOR FOREIGN EARNINGS 2011 amp 2012 2011 (RM) 2012 (RM)

Manufactured Goods 1599 billion 1590 billion

Tourist Receipts 178 billion 185 billion

LNG 152 billion 169 billion

Palm Oil 184 billion 162 billion

Crude Oil 97 billion 97 billion

Rubber 406 billion 24 billion

MALAYSIA Tourism Industry Performance 2012 2013

INTERNATIONAL TOURIST ARRIVALS BY COUNTRY OF DESTINATION

Source UNWTO

Rank COUNTRY

TOURIST ARRIVALS (MILLION) CHANGE

lsquo12 lsquo11 2011 2012 1110 1211

1 1 France 816 830 50 18

2 2 United States 627 630 49 49

3 3 China 576 577 34 03

4 4 Spain 562 577 66 27

5 5 Italy 461 464 57 05

6 6 Turkey 347 357 105 30

7 8 Germany 284 304 55 73

8 7 United Kingdom 293 293 36 -01

9 12 Russian Federation 227 257 119 134

10 9 Malaysia 247 250 06 13

MALAYSIArsquoS ACHIEVEMENTS

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 3: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

MALAYSIA Tourism Industry Performance 2012 2013

INTERNATIONAL TOURIST ARRIVALS BY COUNTRY OF DESTINATION

Source UNWTO

Rank COUNTRY

TOURIST ARRIVALS (MILLION) CHANGE

lsquo12 lsquo11 2011 2012 1110 1211

1 1 France 816 830 50 18

2 2 United States 627 630 49 49

3 3 China 576 577 34 03

4 4 Spain 562 577 66 27

5 5 Italy 461 464 57 05

6 6 Turkey 347 357 105 30

7 8 Germany 284 304 55 73

8 7 United Kingdom 293 293 36 -01

9 12 Russian Federation 227 257 119 134

10 9 Malaysia 247 250 06 13

MALAYSIArsquoS ACHIEVEMENTS

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 4: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

INTERNATIONAL TOURIST ARRIVALS BY COUNTRY OF DESTINATION

Source UNWTO

Rank COUNTRY

TOURIST ARRIVALS (MILLION) CHANGE

lsquo12 lsquo11 2011 2012 1110 1211

1 1 France 816 830 50 18

2 2 United States 627 630 49 49

3 3 China 576 577 34 03

4 4 Spain 562 577 66 27

5 5 Italy 461 464 57 05

6 6 Turkey 347 357 105 30

7 8 Germany 284 304 55 73

8 7 United Kingdom 293 293 36 -01

9 12 Russian Federation 227 257 119 134

10 9 Malaysia 247 250 06 13

MALAYSIArsquoS ACHIEVEMENTS

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 5: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

MALAYSIArsquoS ACHIEVEMENTS

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 6: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

MALAYSIA as the TOP Muslim-friendly holiday destination- survey carried out by Crescent rating a Singapore-based Muslim Travel Consultancy in 2013

MALAYSIA is the 12th Most Competitive Economy in The World for Doing Business according to the 2013 Edition of The World Banks Doing Business Report

BUSINESS TOURISM - (ICCA) - Malaysia Retains Its Position as the Top 10 Meetings Destination in Asia Pacific Kuala Lumpur Top 5

KUALA LUMPUR 4th Best Shopping City in The World by CNN Travel Survey 2012 2nd Best Shopping Destination in Asia Pacific by Globe Shopper Index 2012

MALAYSIA ndash 10th in Hospitality by Forbes Worlds Friendliest Countries 2012

MALAYSIA HOMESTAY EXPERIENCE PROGRAMME won the UNWTO Ulysses Award Innovation in Public Policy and Governance 2012

MM2H - 4th Worlds Top Ten Retirement Havens by The International Living Magazine 2012

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 7: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Recent Awards

LONELY PLANET Worldrsquos Top 10 Destinations to visit in 2014

No 1 culinary hotspot Penang

CNN 4th Best Shopping Cities in the world 2013

among the largest malls in the world 1 Utama Shopping Centre (5th) Mid Valley Megamall (8th) Sunway Pyramid (10th)

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 8: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

128M 133M 106M

157M 164M

175M 806B 85B

706B

986B 1063B

1206B

911

BOMBING

BALI BOMBING

SARSIRAQ

WAR TSUNAMI

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

209M

1533B

2205M

165B

236M

178B

246M

1883 B

247M

1943 B RECEIPTS

(USD BILLION)

EARTHQUAKE

IN

JAPANFLOOD

IN THAILAND

202 B

2503M

PANDEMIC

H1N1

GLOBAL

ECONOMIC

CRISIS

INTERNATIONAL ARRIVALS amp RECEIPTS 2001-2012

9

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 9: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Affordable Luxury (ie shopping)

bull Duty-free for

wider range of

goods

bull BB-KLCC as

premier shopping

district

bull 3 new premium

outlets

1

2

3

Nature Adventure

bull Establish Malaysia as the pre-eminent global biodiversity hub

bull Rainforest amp Marine Discovery Centres (together with parks amp gardens)

bull New and enhanced live biodiversity sites

10

Family Fun

bull Develop an

Econature

Integrated Resort

bull Straits Riviera

Cruise

playground for

high-end cruise +

urban

redevelopment of

port landing

areas

4

5

Business

Tourism

bull Establish

Malaysia as a

leading MICE

destination

9

(3x growth)

Events Spa amp Sports

bull Bid for more

international

events

bull Establish

dedicated

entertainment

zones

bull Target Spa amp

Sports (golf

angling) tourism

6

7

8

Enablers (Marketing Visa Funding Human Capital Tourism Environment)

Connectivity (greater focus on medium connectivity to support growth)

Hotels (ensure adequate supply with better mix better rates)

11

12

N K E A ndash T o u r i s m

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 10: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Tourists million

Malaysia Tourism Transformation Plan (MTTP202036168)

year

billion Receipts

Attract More Tourists to Stay Longer Spend More and Repeat Visits

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 11: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

TOURISM INVESTMENTS GLOBAL TRENDS IN TOURISM INVESTEMENTS

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 12: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

13

13

TOURISM INVESTMENTS

Based on the RECENT GLOBAL TRENDS Malaysia adopts targeted approach in attracting investments ndash balancing both

Foreign Direct Investment (FDI) and Domestic Direct Investment (DDI)

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 13: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

OPENING THE GATES

ENCOURAGING INVESTMENT IN TOURISM

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 14: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Organising investment promotion missions

Conducting specific project missions (SPMs)

Round table meetings with captains of industries

Participating in industry exhibitions overseas

Organising the Industry Leadersrsquo Programme

Organising various International Conferences in Malaysia

ENCOURAGING INVESTMENT IN TOURISM

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 15: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

ENCOURAGING INVESTMENT IN TOURISM

Domestic Specific Project Mission (DSPM)

National Conference on Services Sector (NCSS)

Provide attractive investment incentives for tourism and hospitality projects

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 16: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

2009 ndash 100 Foreign Equity bull Theme Parks bull Convention and Exhibition Centre (seating above

5000) bull Travel Agencies amp Tour Operators (inbound) bull Hotel and Restaurant (4 amp 5 Stars) bull Beverage Serving Services (4 amp 5 Stars)

AUTONOMOUS LIBERALISATION (TOURISM)

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 17: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

REGIONAL INVESTMENT

OPPORTUNITIES IN THE TOURISM

SECTOR

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 18: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

TOURISM INVESTMENTS THE ROLE OF GOVERNMENT

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 19: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Foreign Direct Investment Domestic Investment Services

Planning for Industrial Development

Recommend policies and strategies on industrial promotion and development

RESEARCH amp PLANNING Manufacturing licenses

Tax incentives for manufacturing and services activities

Expatriate posts Duty exemption RDC IPC and RampD status

EVALUATION

Assist companies in the implementation and operation of

their projects Facilitate exchange amp co-ordination among institutions

engaged in or connected with industrial development Advisory Services

PROMOTION

FOLLOW-UP MONITORING

FUNCTIONS OF

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 20: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

ldquoONE STOP CENTRErdquo

Based In MIDA

bull Immigration Department

bull Royal Malaysian Customs

bull Telekom Malaysia Berhad

bull Labour Department

Based outside of MIDA

bullDepartment of Occupational

bullSafety and Health (DOSH)

bullMinistry of Finance

bullMinistry of Health

bullMinistry of Tourism

bullMinistry of Human Resource

bullMinistry of Higher Education

bullMultimedia Development Corp (MDeC)

bullConstruction Industry Development

bullBoard of Malaysia (CIDB)

bullDepartment of Environment (DOE)

bullTenaga Nasional Berhad

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 21: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

San Jose

Los Angeles New York Boston

Stockholm

Frankfurt Munich

Milan Paris

London

Dubai Mumbai

Guangzhou Taipei

Shanghai Seoul

Osaka Tokyo

Sydney

24 Overseas Centres

Chicago

Houston

Singapore

Bangkok

Johannesburg

WORLDWIDE NETWORK

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 22: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Pioneer Status (PS) Income Tax Exemption

70 or 100 for 5 or 10 years

Investment Tax Allowance

(ITA) 60 or 100 on qualifying capital

expenditure for 5 or 10 years

Exemption from Import Duty on Machinery amp Equipment

Exemption from Import Duty amp Sales Tax on Machinery amp

Equipment

Incentives

TYPES OF INCENTIVES

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 23: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Establishment of Medium and Low Cost Hotels ( 1 - 3 star )

Establishment of 4 ndash 5 star hotels

ExpansionModernization of existing hotels ( 1 - 5 star )

Establishment of Tourist Projects

ExpansionModernization of Tourist Projects

Establishment of Recreational Camps

Establishment of Convention Centres (with a hall of at least 3000 seating

capacity)

ELIGIBLE ACTIVITIES FOR HOSPITALITY

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 24: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

ELIGIBLE CRITERIA 1-5 Star Hotel (new modernization expansion)

1 Registered with Ministry of Tourism and Culture Malaysia

2 Modernizationexpansion projects

3 Equity condition a) For 1-2 star hotels ndash 100 local equity

b) For 3 star hotels ndash equity condition to follow the liberalisation roadmap as follows

c) 100 foreign equity is allowed for 4 amp 5 star hotel

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 25: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

TOURISM INVESTMENT FUNDS

Special Tourism Fund Tourism Infrastructure Fund

OBJECTVES To support the development of the tourism industry through continuous domestic and international investments

OPEN TO Malaysian (Bumiputra) 49 Foreign Equity

RANGE USD 15000 to USD 76M

USD 15M to USD 76 M

INTEREST RATES 40 - 55

TENURE 20 years

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 26: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

TOURISM INVESTMENTS MAIN CHALLENGES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 27: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Improving common infrastructures through out Malaysia

Skilled manpower

Enhance coordination between government agencies

Enhance promotion in tourism business

Competition from ASEAN Member States

TOU

RIS

M IN

VES

TMEN

TS

MA

IN C

HA

LLEN

GES

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 28: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

TOURISM INVESTMENTS OVERCOMING CHALLENGES AND ISSUES

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 29: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

bull Improving common infrastructures through out Malaysia

bull Skilled manpower

bull Coordination between government agencies

bull Support and promotion in tourism business

bull Competition from ASEAN

Outlining new investments strategies ndash promoting incentives develop target industry meeting the human resources need and transforming the investment

landscape

Targeting new amp reinvestments

Making Malaysia an attractive business location

Regional collaboration to attract investments

TOU

RIS

M IN

VES

TMEN

TS

STR

ATE

GIE

S IN

OV

ERC

OM

ING

TH

E C

HA

LLEN

GES

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 30: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

GAME CHANGER

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 31: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

VISIT MALAYSIA YEAR REFRESHED YEAR 2014 PROMISES SPECTACULAR HAPPENINGS

A Year Full Of Festivities amp Celebrations

Showcasing The Very Essence Of

Asia

50 Major amp Exciting Events

The Nationrsquos Biggest amp Grandest

Tourism Celebration Ever

Grand Open House Fiesta

Plethora Of Colours Thrills amp

Excitement

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 32: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

WE ARE THE HOST (Preparing the Nation)

NEW MEDIA

STRATEGIC INITIATIVES

INCREASE ACCESSIBILITY

EVENTS (Over 200 Events For Package Development)

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 33: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

Arrivals million

Celebrating 1Malaysia Truly Asia

year

billion Receipts

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 34: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

VMY2014 INCENTIVES

1 bull TAX DEDUCTION for companiesorganisations which have provided

financial sponsorship or monetary sharing for iconichomegrown event

2 bull MERCHANDISE for the purpose of promotions and marketing of VMY

2014 such as food collaterals and gifts

3 bull OTHER CONTRIBUTIONS such as catering transportation accommodation

and logistics from 3 stars Hotel and Resort

35

MAXIMUM OF USD 300000

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 35: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

THANK YOU

STRATEGIC INVESTMENT

ONE OF THE KEY SUCCESS FACTOR FOR THE DEVELOPMENT OF

MALAYSIArsquoS TOURISM INDUSTRY

THANK YOU

Page 36: 3rd Meeting of the COMCEC Tourism Working Group · 1 2 3 Nature Adventure •Establish Malaysia as the pre-eminent global biodiversity hub •Rainforest & Marine Discovery Centres

THANK YOU