A Pearl in Southeast Asia
Malaysia is a federal constitutional monarchy in Southeast Asia, consisting of 13 states and three federal territories and is separated by the South China Sea into two similarly sized regions, the Peninsular Malaysia and Malaysian Borneo.
Its capital city is Kuala Lumpur, while the federal government seat is in Putrajaya, located just 25 kilometers south of Kuala Lumpur. Malaysia’s population is approximately 28.3 million, with 22.6 million living on the Peninsula.
Since its independence in 1965, Malaysia has enjoyed one of the best economic runs in Asia, with GDP improving an average of 6.5% for just about 50 years. The expanding economy has traditionally been driven by natural resources, but lately it is expanding rapidly in the science, tourism, medical tourism and commerce sectors.
A Multi-ethnic Country
Malaysia consists of many ethnic groups, including Malays at a little over half of the population, while Bumiputera make up another 11 percent.
Since the 1980s, the industrial sector has fueled Malaysia’s growth. The country is one of the world’s largest exporters of semiconductor devices, electrical goods and information and communication technology products. In 2002, Malaysia developed its own space program, and it continues to be active in the defense industry.
Malaysia borders Thailand, Indonesia and Brunei, and is linked to Singapore by a narrow causeway. It also has maritime boundaries with the Philippines and Vietnam.
Find out more about the country of Malaysia from Bill, including:
- What Keller Williams Worldwide is looking for in a potential country partner
- Why the Keller Williams Realty story so unique
- How to start the process of finding out if you might be a good match
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