2011年7月3日星期日

Narrow Markert

Klang Valley is a special region that combining Kuala Lumpur, Petaling Jaya, Shah Alam, and Klang in order to create a great populated economy region. After development of a few decades, Klang Valley undoubtedly become the most developed and populated region in the country. Whatever projects to be launched will be intensively allocated in Klang Valley areas especially properties and constructions.

This could result this region has become the most attractive market for the investors, as most of the developments are done here. Also, KV is a central of higher education institutions, so every year there will be a large number of students pursue their higher education at here. Consequently, it has spurred the demand of property and food industries, caused development unstoppable as the governors are trying to satisfy the demand.

Retaining talents had become the first issue of those companies at that time. By the spurring of the demand and government policies, most of the companies set up their head quarters at KV. Establishments of those companies also created innumerable jobs for the people caused more people migrated to KV to seek better jobs and enjoy the benefits that brought by the development. Finally, the cycle is unstoppable.

We might wonder that is that only one region we could get a better education, job, or living life? The answers could be saying that Peneng and Johor Bharu are equally developed, so we should not narrow our views. Is that true? It could be true, but there are many people cannot satisfy with this. Why only those three areas being developed but not other states? Why everything in KV? Why?

I am not able to answer these questions, because I am not the decision maker. As an emerging market in the world, the inequality development has caused a lot of social problems in the country. The declining population of less developing states like,Perlis, Negeri Sembilan, Pahang, Terengganu, Sabah, Sarawak, Kelantan, and Kedah. Most of the youths are proceeding their higher educations in KV, or seeking jobs after graduate.

The side effects also bring many issues to the country. As mentioned, inequality chances of seeking jobs, inequality incomes between states but corresponding inflation rate,causes declining purchasing power of the people. Not other than that, Malaysia has narrowed the business market as the KV areas are the most purchasers region.

It takes time to develop other states, but government does not resolve to do so. Since the economy market of Malaysia has been narrowed, I doubt that Malaysia will be facing a long term economics recession.

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