Malaysia attracts practically 10 billion USD in potential investments from Germany


Malaysian Prime Minister Anwar Ibrahim has revealed that the nation has lured potential investments price 45.4 billion RM (9.94 billion USD) from Germany throughout his official go to to Germany from March 10-15.

Malaysia attracts nearly 10 billion USD in potential investments from Germany
On the roundtable between Malaysian Prime Minister Anwar Ibrahim and captains of trade in Germany (Photograph: Bernama)

Kuala Lumpur – Malaysian Prime Minister Anwar Ibrahim has revealed that the nation has lured potential investments price 45.4 billion RM (9.94 billion USD) from Germany throughout his official go to to Germany from March 10-15.

The potential investments are from numerous industries similar to semiconductors, aerospace, medical units, chemical compounds, and companies.

Inside the framework of his journey, PM Anwar, who can be Minister of Finance, held a roundtable assembly with greater than 38 trade and enterprise leaders from German cities similar to Stuttgart, Munich, Berlin and Frankfurt, in addition to from Belgium and France.

He additionally had bilateral conferences with main officers of X-Fab, Melexis, Infineon Applied sciences AG, Schott AG and Airbus.

Germany has been Malaysia’s largest buying and selling companion amongst European Union member international locations since 2000, whereas Malaysia is the most important buying and selling companion of Germany amongst ASEAN member states.

In 2023, Malaysia’s whole commerce with Germany elevated by 5.9 per cent to 63.45 billion RM (13.9 billion USD) in comparison with 59.87 billion RM in 2022.

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By VNA



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