BERLIN: Malaysia will be looking at enhancing its bilateral and business ties with Germany, its largest trading partner among European Union members, when Prime Minister Datuk Seri Anwar Ibrahim undertakes a six-day visit to the country.
President Steinmeier made a state visit to Malaysia from Feb 16 to 19, 2023, where he also visited two of Germany’s largest investors in Malaysia - semiconductor manufacturer Infineon and medical technology specialist B. Braun. On Monday , Anwar will kick off his visit by visiting the Siemens Energy plant in Huttenstrabe, said Adina, adding that the company, which had invested heavily in Malaysia, is currently focusing on renewal energy.
"German companies continuously looking at Malaysia because of the various incentives offered, especially the customised tax incentives and the supporting role played by our agencies like the Malaysia Investment Development Authority or Mida. There are 3.2 million small and medium-sized enterprises in Germany, employing 56% of the more than 38.4 million employees in 2021.
Anwar will also visit Hamburg to attend the 101st East Asia Friendship Dinner hosted by the German Asia-Pacific Business Association, where he is scheduled to deliver an address.
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