Executives say they are actively pursuing business opportunities in Malaysia and that adapting to local market dynamics is key
Hong Kong infrastructure and artificial intelligence (AI) firms are well placed to capitalise on a surge of expansion opportunities in Malaysia, but unlocking this potential will require cultural sensitivity and adapting to local market dynamics, industry insiders have said.
The remarks follow the recent opening of Hong Kong’s new Economic and Trade Office in Kuala Lumpur to bolster bilateral ties, coinciding with Malaysia’s New Industrial Master Plan 2030, which aims to advance the country’s push towards high-value, sustainable and innovation-led growth.
Three infrastructure-related companies told the South China Morning Post that they were actively pursuing business opportunities in Malaysia.
“Traffic congestion and a vast geographic landscape have made Malaysia one of the most promising markets for rail infrastructure expansion in Southeast Asia, offering substantial commercial opportunities for international transit operators,” said Chang Che-son, executive chairman of railway systems consultancy Key Direction.
He noted that Malaysia’s strategic border connections to Thailand in the north and Singapore in the south, combined with its ongoing buildout of a comprehensive railway network, yielded significant long-term commercial potential and serve as a crucial gateway to the broader Southeast Asian market.
Citing his own firm as an example, he highlighted that its extensive track record with Hong Kong’s MTR Corporation allowed it to inject world-class expertise into local projects, a vital advantage in bridging regional experience gaps and establishing a competitive edge.