Port Klang Integrated Free Zone
Port Klang Free Zone (PKFZ) is Asia’s leading integrated free zone located at the Straits of Malacca, Malaysia. PKFZ’s integrated development system enables integration of commercial and regional industrial park to ease delivery and minimize costs, which I think is a good move by the Malaysian government since an integrated free zone creates a niche market in commercial businesses around the world.
An asia distribution hub means commercial and regional industrial park sit next to each other – transactions, communications, transfers, upgrades and so forth can be done in an area of its own without much hassle. As seen on worldwide radar is also Snake Island Integrated Free Zone, Nigeria, offering deepwater businesses. In relations to PKFZ, Asia’s leading integrated free zone, PKFZ offers a wider range of investment in terms of business, at the same time enabling penetration to the demanding $11 billion yearly trade Asian market,
and is still growing fast.
The thing about free trade center and integrated free zone is that costs are greatly reduced by tax exemptions & integrated systems, profits are maximized by its 100% foreign equity & incentives like export, R&D, training and industrial allowances. There is a reason why PKFZ is branded Asia’s most dynamic integrated free zone. And the reason is because lucrative businesses in Asia are grown here.
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