RM4.6b potential exports, invesmtents recorded from France trip - Miti

Malaysia recorded RM4 billion in potential investments and RM675 million in potential exports from the trade and investment mission led by Prime Minister Anwar Ibrahim to France on July 4.

In a statement today, the Investment, Trade, and Industry Ministry (Miti) said Anwar met 40 representatives from France’s industrial sector.

It added that several companies expressed intention to invest in high-tech manufacturing, aerospace, renewable energy, tourism and hospitality, digital economy, and sustainable infrastructure.

“As for potential exports, RM675 million was generated for high-impact sectors such as aerospace, automotive, renewable energy, pharmaceuticals, digital economy, lifestyle, and halal industries.

“These are sectors targeted under the New Industrial Master Plan 2030 (Nimp 2030) and the Green Investment Strategy,” it said.

Miti said companies also shared their intention to continue investing in Malaysia, driven by key factors such as a conducive, stable, and dynamic investment ecosystem; encouraging global demand for Malaysian-made products; efficient domestic supply chains; a highly skilled workforce; and investor-friendly government policies.

The mission delegation also included Miti minister Tengku Zafrul Abdul Aziz and representatives from the Malaysian Investment Development Authority (Mida) and the Malaysia External Trade Development Corporation (Matrade).

Zafrul said the mission’s overall success reflected the continued confidence of companies in Malaysia’s investor-friendly policies, supply chain ecosystem, competitiveness, and economic growth potential.

“The investment and trade potential to be realised will also provide business opportunities for local companies, including small and medium enterprises, and more high-paying jobs for Malaysians.

“All these are key in driving our Madani economic transformation agenda,” he said.

Anwar is on an official working visit to Italy, France, and Brazil from July 1-8.

Besides Zafrul, Anwar is also accompanied by Foreign Minister Mohamad Hasan, Transport Minister Anthony Loke, Defence Minister Khaled Nordin, Agriculture and Food Security Minister Mohamad Sabu, Minister in the Prime Minister’s Department (Law and Institutional Reform) Azalina Othman, and Deputy Energy Transition and Water Transformation Minister Akmal Nasrullah Mohd Nasir.

- Bernama

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