#InvestLokal

Be part of Malaysia's economic rally! Invest a minimum of RM1,000 in Eastspring's local funds via myEastspring app/website and use promotion code INVESTLOKAL to enjoy 2%* bonus units for the funds listed below. Promotion period from 21 October 2024 to 31 December 2024.

*Applicable to new (direct) and existing (direct) investors. Terms and conditions apply.

Click here for the Terms & Conditions

Eligible Eastspring Funds (as of 30 September 2024).
*Data shown as at 31 October 2024. Performance figures are sourced from Lipper for Investment Management. The performance is calculated on NAV-to-NAV basis with gross income or dividend reinvested. Past performance is not necessarily indicative of future performance. Investors are advised to consider the risks as elaborated in the prospectus of the fund as well as the fees, charges and expenses involved before investing. Click on the Fund Names for more information about the respective fund and the risks involved.


Why #InvestLokal in Malaysia?

These developments highlight Malaysia's strategic initiatives and growth potential across various sectors, positioning the country as a key player in the region.

Budget 2024 allocation: RM90 billion allocated for development expenditure to fund various projects, driving contract flows this year.

Nationwide projects: Include the Penang LRT, Pan Borneo Sabah Phase 1, MRT3, large-scale flood mitigation projects, Sabah-Sarawak Link Road, Kuching Urban Transportation System-Greem Line, and water-related projects.

Market position: Malaysia is one of the fastest-growing data centre markets in Southeast Asia as of Q3 2024, poised to become Asia's third-largest data centre market after Japan and India.

Development pipeline: The data centre market development pipeline consists of 1.2 GW, representing 600% growth over the next five years. Major investors include Amazon Web Services, Microsoft, Nvidia and Google.

Source: The Edge, 16 July 2024

Hydropower potential: Sarawak Energy estimates a potential of 20,000 MW of hydropower across approximately 50 sites, with 3,452 MW already harnessed. (Nikkei Asia, March 2024)

Source: https://asia.nikkei.com/Business/Energy/Malaysia-s-Sarawak-targets-green-energy-powerhouse-status

Manufacturing shift: Due to ongoing trade tensions between China and the USA, foreign companies are relocating their manufacturing facilities from China and Taiwan to other nations. Malaysia is well-positioned due to its multilingual population, strong legal system and robust infrastructure and ecosystem.

Investment attraction: As of March 2024, Malaysia has successfully attracted potential foreign investments amounting to RM76.1 billion, resulting from successful trade and investment missions in Australia, Germany and France.

Source: MOF, March 2024

Major infrastructure projects: Johor Bahru-Singapore Rapid Transit System Link: On track to commence operations in early 2027, Gemas-Johor Bahru Double Tracking: to be completed by 2025.

Proposed projects: Johor Bahru Light Rail Transit (JB LRT) and High-speed Rail.

Investment commitments: As of September 16, 2023, the Ministry of International Trade and Industry (MITI) announced securing RM20 billion in committed investments from Singapore since January 2023.

Special Financial Zone: Forest City has been designated as a Special Financial Zone, offering tax incentives and multiple entry visas.

Renewable Energy Industry: Potential to be Southeast Asia's largest solar energy storage system.

Source: www.channelnewsasia.com/asia/johor-singapore-sez-special-economic-zone-pengerang-pipc-oil-gas-renewable-energy-4376261

How to Invest

Step 1: Download the myEastspring app:

app-store   google-play    huawei-gallery

Step 2: Follow the on-screen registration steps.

Step 3: upon successful account creation, you can start investing!

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