The Malaysian Government wants to build a new economic model that is more dependent on innovation and productivity. It actively encourages the development of Private Equity (PE) and Venture Capital (VC), aiming it to become the next engine of economic growth that will take Malaysia into the ranks of high income nations.
While VC is for companies that are entering new business and technology that could potentially allow the country to leapfrog its neighbours, PE focuses on companies that have already established themselves and seeking the next level of growth.
At present, most of this initiative is focused on attracting companies in certain growth sectors such as information and communication, multimedia and bio-technology and renewable energy.
For further information on PE in Malaysia, the following links can be useful: