Malaysia: SLP Environmental Offer ASTM And ISO Standard EDD Services In Malaysia

Malaysia: SLP Environmental Offer ASTM And ISO Standard EDD Services In Malaysia

Press Release: 1st June 2010

Malaysia is the third largest economy in SE Asia with 2009 GDP (purchasing power parity) estimated at $380 billion and a GDP growth forecast of 3.7% in 2010. Since the 1970’s Malaysia has transformed itself from a producer of raw materials such as tin, petroleum, timber, copper, iron ore, natural gas and bauxite into an emerging multi-sector economy. Recently there has been a drive to shift the economy farther up the value-added production chain by attracting investments in the high technology industries, medical technology and pharmaceutical sectors, and there have also been several recent reforms in the services sector in a bid to attract foreign direct investment (FDI) which has stagnated somewhat in recent years.

Malaysia’s foreign direct investment in the manufacturing sector rose to a record high in 2008 of $12.9 billion, up 38 percent from the previous year, but suffered badly in 2009 as a result of the economic downturn. Forecasters are more optimistic moving forward and investor interest in the ambitious Iskandar Malaysia industrial zone project in Southern Peninsula Malaysia has been strong. The Iskandar Malaysia industrial development zone has been allocated RM6.83 billion by the Government and it is the largest single development project ever to be undertaken in the region. It will enjoy state-of-the-art facilities, excellent infrastructure and a range of attractive fiscal incentives for foreign investors.

SLP Environmental Consultants offer a comprehensive range of environmental consultancy services to Malaysia is the third largest economy in SE Asia with 2009 GDP (purchasing power parity) estimated at $380 billion and a GDP growth forecast of 3.7% in 2010. Since the 1970’s Malaysia has transformed itself from a producer of raw materials such as tin, petroleum, timber, copper, iron ore, natural gas and bauxite into an emerging multi-sector economy. Recently there has been a drive to shift the economy farther up the value-added production chain by attracting investments in the high technology industries, medical technology and pharmaceutical sectors, and there have also been several recent reforms in the services sector in a bid to attract foreign direct investment (FDI) which has stagnated somewhat in recent years.

Malaysia’s foreign direct investment in the manufacturing sector rose to a record high in 2008 of $12.9 billion, up 38 percent from the previous year, but suffered badly in 2009 as a result of the economic downturn. Forecasters are more optimistic moving forward and investor interest in the ambitious Iskandar Malaysia industrial zone project in Southern Peninsula Malaysia has been strong. The Iskandar Malaysia industrial development zone has been allocated RM6.83 billion by the Government and it is the largest single development project ever to be undertaken in the region. It will enjoy state-of-the-art facilities, excellent infrastructure and a range of attractive fiscal incentives for foreign investors.

SLP Environmental Consultants offer a comprehensive range of environmental consultancy services to support business transactions such as mergers, divestitures and acquisitions. We understand the critical importance of Environmental Due Diligence (also known as Phase 1 Environmental Site Assessment) to the risk and liability management process associated with any sensitive business transaction. We are uniquely placed in the Malaysian market to deliver high quality environmental consultancy services as we combine internationally acquired expertise and experience with an in-depth understanding of Malaysia’s regulatory and legislative frameworks. This ensures that our reports both conform to international quality standards, such as ISO 14015 and ASTM E1527-05, and address compliance with the local regulatory requirements.

SLP has experience providing environmental due diligence and compliance services for both individual sites and large property portfolios, and our experience also includes generating abnormal cost estimates to cover any pollution mitigation and/or land decontamination work that may be required. We excel at providing fast turnaround advice to clients, and we can review historical environmental information and provide concise opinions to tight deadlines. We also conduct rapid and comprehensive Phase 2 intrusive site investigations in order to provide the additional assurance that is required for some transaction decisions.

Our reports are carefully tailored in scope and detail to the particular concerns at the facility or property under assessment, the nature and stage of the transaction and the needs of the client. We are thus able to provide clients with the information and professional insights they need to manage uncertainties and make real-world decisions whilst meeting strict reporting deadlines.

SLP Directors are Chartered Environmentalists (CEnv) and Chartered Scientists (CSci) as well as members of The Due Diligence and Environmental Compliance Consultants Groups. Our project experience covers a wide range of sectors, including; real estate, manufacturing, petro-chemical, pharmaceutical, energy, waste, transport and telecommunications and our satisfied clients include; private equity investment funds, manufacturers, developers, insurers, lawyers, risk & liability management firms, international environmental consultancies and numerous blue chip corporations.

SLP Environmental Consultants offer international quality Phase 1 Environmental Due Diligence, Environmental Site Assessment and Environment, Health and Safety (EHS) auditing services in Cambodia, Indonesia, Laos, Malaysia, Myanmar (Burma), Philippines, Singapore, Thailand and Vietnam.