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opportunities and challenges for FDI in tourism industry in Malaysia.
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Submitted by y_w_d on March 4, 2007
Category: Social Issues
Words: 2601 | Pages: 11
Views: 350
Popularity Rank: 26,338
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Opportunities and Challenges for FDI in Tourism Industry in Malaysia
CONTENTS
1 Introduction 2
2 Overview of the tourism industry in Malaysia 2
2.1 Arrivals and Receipts 2
2.2 Composition of visitor arrivals 4
2.3 Performance of sub-sectors and new investments 5
2.3.1 Hotels and Lodgings 5
2.3.2 Special Tourism Products and Services 6
2.3.3 Related transportation service 6
3 Opportunities for FDI in tourism industry in Malaysia 6
3.1 Healthy tourism business environment 6
3.2 Attractive potential market 8
3.3 Policies and incentives 9
4 Challenges for FDI in tourism industry in Malaysia 10
4.1 Competition between countries and industries 10
4.2 Political risks 11
4.3 Force majeure 11
5 Promote inward FDI 12
6 Conclusion 12
References: 13
1 Introduction
Consistent with the overall improvement of the global tourism market, the tourism industry in Malaysia also experienced a positive increase in recent years, supported by the strong government policy thrust. This essay will look into the opportunities and challenges for foreign direct investment in this sector in Malaysia, and put forward suggestions for the government on how to promote inward FDI.
2 Overview of the tourism industry in Malaysia
Malaysia has a wide range of tourism destinations. With its blessing of diverse cultures, traditions and histories, coupled with various landscapes and natural resources, the country has a strong appeal for both domestic and international tourists. Tourism industry, therefore, is of great importance to Malaysia¡¯s economy as one of the major foreign exchange earners second to the manufacturing industry.
2.1 Arrivals and Receipts
The tourism industry reported an increasing trend in the last 5 years. ¡°Tourist arrivals are...
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