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(…) Malaysia seeks to gradually restructure the foundation and the drivers of growth, in order to occupy a higher position in the global value chain by shifting from low-end manufacturing toward activities that better leverage its strengths and natural advantages (e.g. agriculture, agri-based industries, and biotechnology) to take advantage of its fertile bio-resources. (…)

(…) The new agricultural policy supports the development of the agri-food industry with emphasis being placed, inter alia, on promoting biotechnology as well as high value agriculture. (…)

(…) The Government's new agricultural policy supports the development of the agri-food industry with emphasis on, inter alia, promoting biotechnology as well as high value agriculture as a driver of future growth. (…)

(…) Food security remains an important objective under the policy, although no self-sufficiency targets are set. The self-sufficiency ratio for major agricultural products remained largely stable during the review period, while an increase of self-sufficiency in fruit production is possibly due to the use of higher quality plant strains and biotechnological investments (Table 4.1).

(…) Continuous adoption of new technologies such as biotechnology, better farm management, better agronomic practices, integrated farming, and farm mechanization through the implementation of Entry Point Projects (EPPs) (section 4.2.2) has enhanced TFP growth in the sector.(…)

(…) Under a Bioeconomy Community Development programme, idle land will be developed through the application of biotechnology as well as for contract farming to increase the value added of the agri based industry and income of farmers. (…)

(…) In addition to existing BioNexus Status tax and non tax incentives, the Government will also provide R&D incentives for viable projects, which will be assessed by BiotechCorp from 1 January 2014 to 31 December 2018 (section 4.2.2): tax deduction for companies that invest to acquire technology platform in bio-based industry; exemption on import duty on R&D equipment for companies that invest in pilot plants for the purpose of pre-commercialization in Malaysia; and a special incentive to companies to partially cover the operational cost for human capital development for the Centre of Excellence for R&D.

(…) In 2013, activities benefiting from customized tax incentive schemes (pioneer, ITA or other) included food production and distribution, specialized machinery and equipment, automotive, aviation and aerospace, biotechnology, energy conservation, environmental protection (green incentives), R&D, Islamic finance, commodity trading (as from 2011 under the Global Incentive for Trading(GIFT)), shipping, regional business operations, and tourism. (…)

(…) Main features of new RTAs, 2010-13
BILATERAL RTAs
Malaysia New Zealand Free Trade Agreement (MNZFTA)
(…) Selected features: Services (section 4.7); competition; environment; investment; intellectual property rights; labour; bilateral safeguard (…)

(…) Main features of new RTAs, 2010-13
BILATERAL RTAs
Malaysia Australia Free Trade Agreement (MAFTA)
(…) Selected features: Services (see section 4.7); competition; electronic commerce; environment; intellectual property rights; investment; labour; bilateral safeguard (…)