: Malaysia serve as the launching pad and gateway for foreign investors in the ASEAN region including companies from Sweden for businesses, said Swedish ambassador to Malaysia Dr Joachim Bergstrom.
“The ease of doing business in Malaysia ranks very high for Swedish companies. It’s relatively affordable to operate here, and also a launching pad towards other economies in the ASEAN region, so using Malaysia as a gateway to operate wider is very attractive. Bergstrom noted Penang and Sweeden shared long-standing bilateral ties in various areas, including sustainability, green transition, digitalisation, transportation and manufacturing.“We have a number of Swedish companies in the region here in Penang and Kulim, Kedah. It is really an area in Malaysia that is attracting more investment and interest from the Swedish industry,” he added.