IMT GT

IMT_-_GT_Logo-01
Menu
Edit Template
    Member Login
    Become a Member
    IMT_-_GT_Logo
      Member Login
      Become a Member
      MENU
      Menu
      Edit Template
      Menu

      ABOUT IMT-GT JBC

      • Indonesia-Malaysia-Thailand Growth Triangle (IMT-GT) is a sub-regional economic cooperation programme launched in 1993 aimed at spurring economic development in participating provinces and states in the three countries. IMT-GT focuses on enhancing trade and investment opportunities, tourism, strengthening infra-structure links and institutional arrangements, amongst others, to achieve a vision of an integrated, innovative, inclusive and sustainable subregion.

      • Inaugurated in 1995, the IMT-GT Joint Business Council (JBC) acts as the focal point of the private sector. It has been entrusted to spearhead the involvement of the private sector in IMT-GT and to pursue trade and investment opportunities created under the IMT-GT Vision 2036.

      • JBC serves as the driving force for private sector participation in cross-border trade and investment to leverage the economic market size of IMT-GT of 85 million people comprising 35 regions and states in the IMT-GT member countries.

      • JBC will also take advantage of various commercial opportunities undertaken under IMT-GT such as the Green Initiative under the Sustainable Development Framework (SUDF) and the implementation of the Physical Connectivity Projects (PCP) through private-sector led.

      • The summary IMT-GT JBC Malaysia Structure is as per in the Slide. IMT-GT JBC Malaysia Advisory Board is chaired by YB Dato’ Sri Mustapa Mohamed, Minister in the Prime Minister’s Department (Economy); IMT-GT JBC Malaysia Investment & Expert Committee is led by Tan Sri Rozali Isamail as the Chairman and Dr Mahadi Mohamad is the Director for IMT-GT JBC Malaysia Secretariat.

      Why IMT-GT is Important for Malaysia

      IMT-GT is vital market and attractive investment destination for domestic and foreign companies primarily due to a growing consumer class, increasing regional integration and improvements in infrastructure.
      • Rising middle class consumer base
      This rise in the consumer class is sustaining the optimism about the subregions’ long-term future. Malaysian companies must therefore tap into these trends as growth opportunities
      • Increasing regional economic integration
      More now than ever, companies in Malaysia should take advantage of the progress made under AEC Blueprint 2025 and new trade pacts such as RCEP through connecting to regional and global value chains and to make themselves the go-to business partners for post-pandemic supply chain redistribution
      • Infrastructure investment
      Infrastructure development is a multi-year, multi-billion dollar investment plan. Malaysian companies are in strategic position to drive the initiatives and to benefit from them
      • NCIA, NCER, IRDA, SEDC & State GLCs
      Strategically located to leverage on IMT-GT

      How Malaysia can leverage from IMG-GT

      A strong JBC-Malaysia is the key
      • Robust business strategies
      • Large membership base
      • In-house professionals that provide a wide range of specialized services to its members
      • Full time secretariat
      • JBC to harness the entrepreneurial skills and resources of the private sector including the GLCs in Malaysia to take advantage of the growing market in IMT-GT
      • JBC to have a strong partnership with the state governments which have strong ties with the local governments of neighboring provinces of IMT-GT

      Partnerships are at the heart of what JBC Malaysia does

      Scroll to Top