31 March 2022

MIDA’s One Stop Centre for investors to close on borders reopening
MIDA’s One Stop Centre for investors to close on borders reopening

Malaysia’s One Stop Centre (OSC) will be phased out effective April 1, 2022.

This is on the reopening of Malaysian borders as announced by Prime Minister Datuk Seri Ismail Sabri Yaakob previously.

Malaysian Investment Development Authority (Mida) said in a statement today that investors are no longer required to apply for Entry Permission and Quarantine Mandatory Exemption to the OSC platform through the Safe Travel portal(https://safetravel.mida.gov.my/).

Fully vaccinated travellers may enter Malaysia without prior approval from Malaysian authorities and are not subject to mandatory quarantine upon arrival.

“These initiatives were a quick response by the Government during a trying time globally to ensure Malaysia’s competitiveness and availability as an investment destination were not compromised and that the country remained open for business despite the national health emergency,” MIDA CEO Datuk Arham Abdul Rahman said.

“Throughout its operations, the OSC and BTC facilitated a total of 3,223 companies approved for Short-Term Business Travellers, with an estimated total investment value of RM171.82 billion.”

“With the establishment of the OSC, investors’ travel requests were expedited for approval, allowing them to continue doing business in Malaysia.”

The OSC was established on Oct 2 to facilitate the movement of business travellers following the gradual opening of the local economy post Movement Control Order (MCO) period.

It is a collaborative effort between the Ministry of International Trade and Industry (MITI), Ministry of Health (MOH), and Immigration Department of Malaysia (IMI) to ensure the legitimacy and health status of travellers entering Malaysia.

The Business Travellers Centre (BTC) at Kuala Lumpur International Airport (KLIA) was also established as a key component of the OSC to facilitate Business Travellers movement – from entry to exit point.

Source: themalaysianreserve.com

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