Malaysia’s fourth largest city, Ipoh is on the rise with domestic and international start-up communities. The capital of the state of Perak, its laid-back atmosphere has hooked entrepreneurs looking to reap the benefits of Malaysia’s start-up scene, while enjoying a slashed cost of living and relaxed lifestyle. With day-to-day expenses beneath the average in larger Malaysian cities, Ipoh’s vicinity to Kuala Lumpur (175 kilometers) makes it easy-to-reach for regular visits when conducting business. While the population speaks less English than other major Malaysian cities, other languages, such as Mandarin, are common within the workforce.
Several incubators have launched in Ipoh in a leap to scale-up the city’s start-up scene. Startup Ipoh and BEAM are two such initiatives of opposite nature: one is a global platform and the other, a grassroots organization. Digital nomads note that despite the lack of infrastructure and staffing, Ipoh’s potential as a quiet and comfortable home is worth the move.
Much of Ipoh’s start-up scene is aimed at the technology sector. From the ground up, small companies with foundations in Kuala Lumpur are keen to expand regionally throughout Malaysia. At a state level, Perak offers its own agency for the growth of new economic and social-economic projects. The state focuses on industries, such as real estate, logistics, hospitality and tourism. Matching start-up companies in these services have an advantage—both the city and state will fight to ensure the success of these specific industries.