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Investing in Malaysia, the Next Big Market

As the EU looks for new markets and new opportunities for growth, entrepreneurs are looking beyond economic behemoths like China and Korea. With almost 6% growth per year, Malaysia is set to become one of Asia’s fastest growing economies.

Kuala Lumpur, or KL as the locals call it, is the capital and largest city of Malaysia. One of three main Malaysian territories, metropolitan Kuala Lumpur is home to 6.9 million of Malaysia's 26.6 million citizens.

It is here where the Malaysian miracle is most apparent. Chic, vibrant, youthful, exciting, buzzing — those are just some of the words businessmen from around the world use to describe the scene.

Like other Asian cities, KL is a melting pot. There are people of original Malay descent, along with Chinese, Indians, and other indigenous ethnic backgrounds.

Malaysia may be half way around the world, but Europeans will find a lifestyle in KL that is more familiar than exotic. Walk around the city and you will see people chatting on their cell phones, working wirelessly on their laptops, and shopping for luxury Western goods in droves. From Louis Vuitton to Harry Winston Jewellers, the luxury shops of the famous Golden Triangle shopping area in KL are full seven days a week.

And for potential investors and entrepreneurs looking for outsourcing opportunities, almost everyone in KL speaks English, largely due to the British occupation from 1795 to 1957, after which the independent Malaysia was formed. This widespread use of English is a huge plus, especially when you put it into the context of economic growth.

Chic, vibrant, youthful, exciting, buzzing — those are some of the words businessmen from around the world use to describe Kuala Lumpur

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