malaymail.com 29 Apr, 2021 09:45 am

Malaysia welcomes investments from China’s Greater Bay Area, says deputy minister

Malaysia welcomes investments from China’s Greater Bay Area, says deputy minister
KUALA LUMPUR, April 29 ― Malaysia is always ready to welcome investors from China’s Greater Bay Area in various sectors ― especially the forerunners in high technology segments such as biotechnology and smart-home automation ― to explore the opportunities available in Malaysia. Malaysia’s...

KUALA LUMPUR, April 29 ― Malaysia is always ready to welcome investors from China’s Greater Bay Area in various sectors ― especially the forerunners in high technology segments such as biotechnology and smart-home automation ― to explore the opportunities available in Malaysia.She highlighted that UOB is well-positioned to assist more companies from high-value sectors, especially from China’s Greater Bay Area to expand into Malaysia with its deep presence in Malaysia and Greater China.“At the same time, these companies can also capitalise on the vast opportunities along the regional trade corridors between Greater China and Asean.Organised by Mida in collaboration with UOB Malaysia, the roundtable aims to facilitate inbound investments from China’s major companies of high value-added sectors in the electrical and electronics (E&E), chemical, manufacturing and industrial sectors.

“The government through Mida and in collaboration with our stakeholders will intensify efforts to attract projects that are high value-added, high-tech as well as knowledge and research and development-intensive in line with our National Investment Aspirations to generate multiplier effects to Malaysia’s domestic industrial ecosystem,” he said.“With our in-market presence, insights and expertise, coupled with the ecosystem partnerships we forge, we are confident to attract and facilitate high value-added FDI from China to Malaysia and to stimulate the economy through quality job creation and trade activities,” she added.

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