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Global Trade Alert

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Malaysia: Introduced relaxed FDI requirements and subsidies for local businesses under the second Budget 2020

Description

On 11 October 2020, Malaysia announced its second Budget 2020. Under this budget, Malaysia's government procurements worth RM 1.3 billion (USD 314.1 million) would be dedicated solely for local contra...

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Intervention Details

Intervention Type

Public procurement localisation

MAST Chapter

M: Government procurement restrictions

Implementation date

11 Oct 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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