Malaysia, France to strengthen economic ties via investments

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KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) welcomes a proposal by France’s MEDEF International to ink a memorandum of underst...

The Malaysian Investment Development Authority welcomes a proposal by France’s MEDEF International to ink a memorandum of understanding to strengthen economic relations between both nations.

Last year, France was Malaysia’s 18th largest global trading partner and its third-largest trading partner among the European Union member states , he added. “Seeing the enthusiastic turnout in the webinar, I am glad that French companies continue to have confidence in Malaysia as their preferred investment destination in this region,” Lim said in his opening address.

During the webinar, Mida deputy chief executive officer Arham Abdul Rahman highlighted France as an important trading partner.“Recognising the French innovative capabilities, we welcome more investments in areas of transport equipment , ICT, pharmaceutical, scientific and measuring equipment, electrical and electronics, food, chemical and chemical products, as well as machinery and equipment,” he said.

 

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