Professional Documents
Culture Documents
By:
H.E. Dato’ Tajul Aman Mohammad
Ambassador of Malaysia to Romania
Bucharest Business School
7 October 2017
1
Outline of Presentation
2
2010 –
current –
service and
2010s – k economy
focus on
2000s - moving
growing up the
1990s emphasis global
1970s – 1980s – increasing on ICT chain
Labour and high
31 August intensive
focus on FDI,
1957 – Low industry heavy tech
income
Agro- manufacturing
Middle income
based economy
economy
3
MALAYSIA: Vital Statistics
4
MALAYSIA’S TRADE
5
EU China
USD 38.1 billion USD 58.1 billion Japan
USA 10.1% share 16.2% share USD 29 billion
USD 33 billion 8.1% share
9.2 % share
ASEAN
2 billion
USD 102.87
27.4% share
Australia
USD 10.2 billion
2.9% share
Petrochemicals
Electrical &
Electronics
Machinery
Medical Devices & & Equipment Wood-Based
Pharmaceuticals Products
8
Sabah Economic Development
Investment Authority
(SEDIA)
• Agro-based Industry
• Tourism
East Coast Economic Region • Logistics
Development Council • Manufacturing
• Modern (ECERDC)
Agriculture • Tourism
• Manufacturing & •Oil & Gas
Design • Manufacturing
• Tourism • Agriculture
• Logistics • Education
• Education & Health
Regional Corridor
Development Authority
(RECODA)
Commodities
Globalisation price
fluctuation
Protectionist Financial
crisis
10
MALAYSIA & FTAs
11
Malaysia has implemented
13 Free Trade Agreements
ASEAN BILATERAL
1. ASEAN Free Trade Area 1. Japan (2005)
(1992) 2. Pakistan (2007)
2. ASEAN-China (2004) 3. New Zealand (2009)
3. ASEAN-Korea (2006) 4. Chile (2010)
4. ASEAN-Japan (2008) 5. India (2011)
5. ASEAN-India (2009) 6. Australia (2012)
6. ASEAN-Australia-New 7. Turkey (1.8.2015)
Zealand (2009)
On-going FTA Negotiations
ASEAN-Hong Kong Malaysia-EU
RCEP Malaysia-EFTA 12
MALAYSIA-ROMANIA
13
Capital Kuala Lumpur Bucharest
100,000,000
0
2012 2013 2014 2015 2016
Data : Department of Statistic Malaysia
15
Major Export Products 2016 Major Import Products 2016
(share %) (share %)
16
• Malaysia’s total trade with Romania grew by 20.6% to
US$93.6 million from US$77.6 million in the same
period of 2016.
• Total exports to Romania: manufactured goods
87.4%, followed by agriculture goods 12.3%.
• Total imports from Romania: Electrical and electronic
products 29.6%; machinery, equipment & parts
(17.8%); manufactures of metal 9.6%;and textile,
apparel & footwear 7.1%.
17
MALAYSIA – GATEWAY TO ASEAN MARKET
Malaysia is
strategically
located in the very
heart of Southeast
Asia; between
India and China
18
The ASEAN Economic Community (AEC)
is now a reality. It is no longer a myth. Step-by-step integration has
driven both political development and economic growth 19
2014 2015 2016 2017
Huge Market: GDP:
(%) (%) (%) (%)
625 million USD 2.5 trillion,
people, 7th largest
3rd largest market World 3.4 3.1 3.2 3.5 economy
Advanced 1.8 1.9 1.9 2.0
Economies Young,
educated labour
External Trade: Developing 4.6 4.0 4.1 4.6
force
USD2.5 trillion Economies
70% < 35 years
ASEAN 4.6 4.4 4.5 4.8 of Age
Steady
Highly Connected Region and
FDI: economic
Globally Engaged: Free Trade Agreements
USD 136 billion growth rate
with major regional economies.
2007-2015: 5.1%
20
ASEAN GDP 2015:
USD 885.5 Bil
USD2.43 Tri
USD 338.1 Bil
22