A competitive manufacturing and export base, Malaysia has been voted third best destination in the world for outsourcing activities, after India and China, according to A.T. Kearney's 2007 Global Services Location Index (GSLI). A choice location for high technology, knowledge-based and capital intensive industries, the market-oriented economy is ranked as the fifth most competitive economy in Asia and 19th worldwide based on the World Competitiveness Yearbook 2008, covering 55 economies.
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