SKMM (MCMC) is to

BoG 1:  To provide a world-class physical and information infrastructure.

BoG 2:  To allow unrestricted employment of local and foreign knowledge workers.

BoG 3:
To ensure freedom of ownership by exempting companies with MSC Malaysia Status from local ownership requirements.

BoG 4:  To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally.

BoG 5:  To provide competitive financial incentives, including Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.

BoG 6:  To become a regional leader in Intellectual Property Protection and Cyberlaws.

BoG 7:  To ensure no censorship of the Internet.

BoG 8:  To provide globally competitive telecommunications tariffs.

BoG 9:  To tender key MSC Malaysia infrastructure contracts to leading companies willing to use MSC Malaysia as their regional hub.

BoG 10:  To provide a high-powered implementation agency to act as an effective one-stop super shop.

This document reflects the Government’s interpretation in respect of the BoGs, and may be subject to change. For further information, please contact MDeC at:

MSC Malaysia Client Contact Centre (CliC)
Tel. no.: +603-8315 3000
Toll free no.: 1-800-88-8338 (within Malaysia)

original URL :- http://www.mscmalaysia.my/topic/MSC+Malaysia+Bill+of+Guarantees

And then this happen in Malaysia :-