Application of Industrial Coordination Committee (ICC) Licence.
Investors wishing to set up a manufacturing business in Sarawak should contact the state's Ministry of Industrial Development Sarawak, which plays a leading role as the center for investment and provides advisory services to potential investors. Foreign investors should first contact the Malaysian Industrial Authority (MIDA) or the nearest Malaysian overseas trade commission.
Ministry of Industrial Development Sarawak also serves as the Secretariat for the Industrial Coordination Committee (ICC), which considers and recommends for approval applications submitted by investors to MIDA. The ICC can also directly approve smaller manufacturing projects to be sited in the state.
Manufacturing companies with shareholders' funds of RM2.5 million and above or engaging 75 or more full-time employees must apply for a license under the Industrial Coordination Act. The application for a manufacturing license should be made on the prescribed ICA form at the Ministry of Industrial Development and MIDA.
Manufacturing companies with a paid-up capital of less than RM2.5 million or engaging less than 75 full-time employees must obtain approval from the Industrial Coordination Committee.
Application for Industrial Coordination Committee (ICC) Licence and industrial land could be made by filling the necessary forms obtainable free of charge from the Ministry of Industrial Development Sarawak.
For more information, you may write to:-
Ministry of Industrial Development
13th Floor, Wisma Sumber Alam
Tel.: (60)82-441932 / (60)82-442625
Malaysian Industrial Development Authority (MIDA)
Block 4, Plaza Sentral
Jalan Stesen Sentral 5
Kuala Lumpur Sentral
50470 Kuala Lumpur
Tel: 603-2267 3633
Fax: 603-2274 7970
Source: Ministry of Industrial Development, Sarawak.
Note: For further details on incorporating a company in Malaysia, please view Application of Ind Co-ordination Act (ICA) Licences
Posted Date: 3 Jan 2004