Malaysia Alberta Relations

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Malaysia Alberta Relations Malaysia - Alberta Relations This map is a generalized illustration only and is not intended to be used for reference purposes. The representation of political boundaries does not necessarily reflect the position of the Government of Alberta on international issues of recognition, sovereignty or jurisdiction. PROFILE DID YOU KNOW? Primary exports include cereals, plastics and fats and oils. Capital: Kuala Lumpur . In recent years, through regional forums such as the Association of South East Asian . During the same time period, Alberta’s imports Population: 29 million (2011) Nations (ASEAN) and the Asia Pacific from Malaysia averaged $107.4 million Language: Malay (official language), Chinese, Economic Cooperation (APEC), Malaysia has annually and included mainly electronic English, Tamil, Iban, Banjar worked to increase its leadership and components and telecommunications influence in Southeast Asia. equipment. This figure does not include goods Government: Federated Constitutional sold in Alberta that arrived via distribution hubs Monarchy . Consisting of two regions (Malaysian in other provinces. Peninsula and Sarawak/Sabah) separated by Head of State: Paramount Ruler Sultan Mizan . Zainal Abidin (since December 13, 2006) 640 miles of the South China Sea, Malaysia is In January 2007, KNM Group Berhad from a multi-ethnic federation of 13 states and three Malaysia set up its first subsidiary in Tofield, Head of Government: Prime Minister Mohamed federal territories. Alberta called KNM Process Equipment Inc. Najib bin Abdul Razak, United Malays National KNM Process Systems designs, Organization (UMNO) (since April 3, 2009) . The Malaysian population is comprised of manufactures, assembles and commissions Malay and other indigenous peoples Malay Currency: $1 CDN = 3.09 Malaysian Ringgits process equipment for the oil, gas and (50.4%), Chinese (23.7%), indigenous (11%), (MYR) (2012) petrochemical industries such as pressure Indian (7.1%) and others (7.8%). vessels, heat exchanges and storage tanks. GDP: US $287.9 billion (2011) The company saw huge potential in Alberta’s RELATIONSHIP OVERVIEW oil sands development and in the opportunity GDP (PPP): US $463.7 billion (2011) . Malaysia, like Canada, is a member of the to build a metal fabrication yard to GDP Per Capita (PPP): $16,009 US (2011) Commonwealth, World Trade Organization, manufacture pressure vessels. Estimated United Nations Security Council, Cairns Group initial investment is about $20 million CDN. GDP Growth Rate: 4.3% (2007-2011 average) and APEC. From a long-term trade perspective, Malaysia Inflation: 2.6% (2007-2011 average) . Between 2006 and 2010, 572 immigrants from has generally ranked higher than its Southeast Key Industry Sectors: Malaysia chose Alberta as their destination. Asian counterparts, and offers significant Approximately 78% were economic potential for Alberta exporters. Alberta export Peninsular Malaysia: rubber and oil palm immigrants in occupations including: figures to Malaysia do not reflect trade in processing and manufacturing, light services. Malaysia is an important market for manufacturing, electronics, tin mining and Petroleum, Chemical, Electrical and education, training, and oil and gas consulting. smelting, logging and processing timber. Electronics Engineers; and Financial Managers, Financial Auditors and . In October 2012, Malaysian state oil firm Sarawak: agriculture processing, petroleum Accountants. production and refining, and logging. Petronas' submitted a 5.2 billion CDN bid for . During the same time period, 229 Foreign Calgary, Canada – based energy company, Sabah: logging and petroleum production. Workers from Malaysia were issued a permit Progress Energy Resources. The bid is currently pending approval. Sources: to work in Alberta. Bank of Canada, Economist Intelligence Unit TRADE & INVESTMENT . From 2007 to 2011, Alberta’s exports to Malaysia averaged $85.5 million annually. November 2012 | Input compiled by Alberta International and Intergovernmental Relations . Malaysia is a significant oil and natural gas TRADE & INVESTMENT-AGRICULTURE RECENT VISITS producer and is located at a strategic juncture between the Indian and Pacific Oceans. In 2010, Alberta agri-food exports to Malaysia . October 2012: Malaysian Consul General totalled $14.8 million, consisting mostly of Haniff Rahman participated in a roundtable . Malaysia’s oil reserves are 4 billion barrels wheat ($11 million) and pork ($2.45 million). meeting with IIR Associate Minister Teresa- (bbl) (2011), compared to Alberta’s 170.8 Woo Paw. Minister Woo-Paw is Chair of the billion bbl (2010). Revenues from pork exports to Malaysia have Asia Advisory Council. increased by 67% over the past five years. Oil production has decreased in recent years DIPLOMATIC REPRESENTATION due to maturing offshore reservoirs, while TRADE & INVESTMENT- EDUCATION domestic consumption has risen. AND CULTURE . Malaysia’s High Commissioner in Ottawa is Mr. Dato’ Hayati Binti Ismail. Malaysia’s oil reserves are the third highest in The University of Calgary (U of C) has three . the Asia-Pacific region. In 2010, Malaysia was active Memorandums of Understanding with Canada’s High Commissioner in Kuala the world’s tenth largest holder of natural gas institutions in Malaysia: Lumpur is Mr. Randolph Mank. reserves. Nilai College - students exchange . Mr. Mohd Haniff Abd Rahman is the Malaysian . Malaysia’s national oil company, Petroleam agreement in Engineering, Computer Consul General in Vancouver responsible for Nasional Berhad (Petronas), dominates Science and Management is U of C’s Alberta. upstream and downstream activities in the largest-ever international agreement; country’s oil sector. Petronas is the only Institute of Technology Petronas - the remaining wholly state-owned enterprise in Faculty of Engineering signed a twinning Malaysia, and is the single-largest contributor agreement that allows Malaysian students to government revenues. to complete their engineering degrees in TRADE AND INVESTMENT- ENERGY Calgary; and . A number of Alberta firms operate in Sesama Medical College - agreement Malaysia's energy sector, supplying equipment relating to the development of a joint and representing the exploration and program in medical studies production, pipeline, drilling and service . An agreement between Athabasca University sectors. These firms include Talisman Energy and Stamford College allows students in and Enbridge. Malaysia to access third year courses of . Investment in Malaysia’s oil and gas sector Athabasca University’s Bachelor of remains strong and opportunities include Managemetn degree program. The teaching chemical and petrochemical plants, and oil is done locally (at Petaling Jaya and Kuala and gas production/processing facilities. Lumpur campuses). Malaysia's growing population is increasing the demand for medical and educational services. Increased government emphasis on healthcare should bolster this trend. For more information, contact: Alberta International and Intergovernmental Relations Phone: 780-427-6543 Fax: 780-427-0699 albertacanada.com international.alberta.ca .
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