Investors may look forward to an attractive package of incentives, exclusive to the Region, with the aim of transforming the ECER into a cost-competitive and vibrant business hub. The incentives introduced for investors positions the ECER as one of Malaysia’s most attractive investment destinations.
Each of the ECER’s five clusters of economic development has its own package of incentives, including location-based incentives, specifi cally tailored to the Region’s needs. Investors will enjoy these Special ECER Incentive Packages in addition to the existing incentive packages offered by Malaysian Industrial Development Authority (MIDA).
Fiscal incentives include Income Tax Exemption of up to 10 years, Investment Tax Allowance (ITA) amounting to 100 per cent of the qualifying capital expenditure for up to 10 years, Stamp Duty, Import Duty and Excise Tax Exemption. Customised incentives are also given to companies on a case-to-case basis.