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Outward FDI from Southeast Asia: The Malaysian Experience
Book chapter   Open access

Outward FDI from Southeast Asia: The Malaysian Experience

M. Ariff and G.P. Lopez
New Dimensions of Economic Globalization, pp.251-284
World Scientific Publishing Co. Pte. Ltd.
2012
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Abstract

This paper analyses the trends, patterns and determinants of outward foreign direct investment (OFDI) by Malaysian companies. It shows that Malaysian OFDI ha d taken a quantum leap since 19 93 and the number of Malaysian TNCs investing abroad since the 1990s has increased significantly. The OFDI is focused mainly in services ( finance , banking, insurance and tourism) and natural resources (oil and gas) with manufacturing a distant third. This also includes the emergence of off shore financial centres and developed countries as the most important host region for trans - border activity although investment s in developing countries especially within ASEAN have shown tremendous growth. The key drivers of OFDI have been to increase efficiency, to access resources and to access markets.

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