KUALA LUMPUR – The One Stop Centre (OSC) will be ending its services starting from April 1 this year as Malaysia transitions into the endemic phase and reopens borders for international travellers.
The OSC was previously established on October 2, 2020, to facilitate movements of short term business travellers into Malaysia after the country gradually opened the local economy after the Movement Control Order (MCO) period.
Malaysian Investment Development Authority (MIDA) collaborated with the Ministry of International Trade and Industry (MITI), Ministry of Health (MOH), and the Immigration Department of Malaysia (IMI) to manage the OSC after its establishment. They cooperated to ensure the travellers had legitimate health status upon entering Malaysia.
The Business Travellers Centre (BTC) at KLIA was also established to help facilitate the movements of these travellers.
In a statement released recently, MIDA said that the closure of the OSC is a positive step forward to economic recovery with Malaysia’s ability to continue attracting high-value and high-impact investments.
SOPs were also amended where currently, fully vaccinated travellers may enter the country without prior approval from Malaysian authorities and are also not subject to mandatory quarantine upon arrival.
Investors and short term business travellers entering Malaysia will no longer need to apply for Entry Permission and Quarantine Mandatory Exemption through the OSC online platform.
One Stop Centre an effort to help Malaysian economy
CEO of MIDA, Datuk Arham Abdul Rahman said that the OSC initiative was a quick response from the government during a difficult time globally.
“It was to ensure Malaysia’s competitiveness and availability as an investment destination remains available to businesses despite the national health emergency.
“Throughout its operations, the OSC and BTC facilitated a total of 3,223 companies approved for as short term business travellers, worth approximately RM171.82 billion in total investment value,” he said.
Adding on, he said the OSC’s establishment had allowed for investors to continue their business in Malaysia and was key in facilitating high-profile foreign investment projects. This was due to the ability of investors to visit Malaysia and cement their decision for investment.
With the border reopening, MIDA said that it will take on an ongoing effort to protect public health and strengthen the Malaysian economy.
It added that it will commit to be responsive in undertaking innovation and aggressive investment promotion initiatives that align with the country’s investment aspirations.
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