News Details

Guide on Medical Device industry in Malaysia


Published by:Malaysian Investment Development Authority
Published Year:2018
Number of Pages:32

This guidebook for the Medical Device industry in Malaysia serves as an important source of information for investors intending to invest in this industry. It also spells out the procedures and requirements for the various applications for licences and permits for the setting up of a business in the Medical Device industry.

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Table of Content

Fact Sheet of Malaysia
In this topic, the background of Malaysia, key Economic Indicator and Prioritising Healthcare is listed in details.
・Background of Malaysia
・Key Economic Indicator
・Prioritising Healthcare

Status of Industries
In the 11MP, the medical devices sector has been identified as one of the key industries with high potential growth.
・Medical Device Industry 
・Supporting Industries for Medical Devices

The Costs of Doing Business in Malaysia
In general, the overall cost of doing business in Malaysia is competitive. In Malaysia, the process is facilitated by experienced and reputable agencies that exist both within and outside the Federal and local governments.
・Starting a business

Infrastructure Support
The prime advantage to manufacturers in Malaysia has been and continues to be the nation’s persistent drive to develop and upgrade its infrastructure.
・Efficient Logistics and Well-Developed Infrastructure
・Availability of Industrial Estates and Specialised Parks

Getting Started in Malaysia
The Industrial Co-ordination Act 1975 (ICA) requires manufacturing companies with shareholders’ funds of RM2.5 million and above or engaging 75 or more full-time paid employees to apply for a manufacturing licence for approval by the Ministry of International Trade and Industry (MITI).
・Approval of Manufacturing Projects
・Approval of Expatriates Posts

Incentives for Investment
The manufacturing of medical devices and related products is categorised as “promoted activities” or “promoted products”.
・Incentives for Manufacturing Companies
・Incentives for High Technology Companies
・Incentives for Strategic Projects
・Incentives for Research & Development (R&D)
・Reinvestment Allowance
・Automation Capital Allowance Expenditure (ACA)
・Incentives for the Principal Hub
・Other Incentives

Useful Contacts
In this topic, MIDA Overseas offices and MIDA state offices are listed in details.
・MIDA Overseas Offices
・MIDA State Offices