Peer-to-peer advisory in Malacca City, Malacca, Malaysia

Malacca City is the capital city of the Malaysian state of Malacca. It is the oldest Malaysian city on the Straits of Malacca. Since the era of Malacca Sultanate, the city has prospered as a successful entrepôt, Malacca developed into a cosmopolitan city with a long-standing European heritage. In modern times, the tourism is more dominant than the primary-based industry due to its historical riches with the melting pots of cultural influences which attracted many local and foreign tourists to visiting the city, which also became part of the state economy income. In addition to its strategic location in the maritime Silk Road, the city benefited from the rise of China and India as world economic powers. Malacca City has hosted numerous national, regional and international conferences, congresses and trade fairs in the Malacca International Trade Centre. In early 2016, the Malacca state government has start to develop a new economic development area in the central city centre which will be known as the Hang Tuah Trade Centre that will encompassing trade centres, higher education, hospitality and business.

Peer-to-peer advisory in Malacca City, Malacca, Malaysia
Peer-to-peer advisory in Malacca City, Malacca, Malaysia

Malacca City is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.

Malacca City has a population of over 579,000 people.


Malacca

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For more details contact: Mark Horner

Mark Horner

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