Malaysia and France strengthen economic relations through investment

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KUALA LUMPUR: - MEDEF International, the Embassy of Malaysia in Paris in collaboration with the Malaysian Investment Development Authority (MIDA) orga...

- MEDEF International, the Embassy of Malaysia in Paris in collaboration with the Malaysian Investment Development Authority organised a webinar to update the French business stakeholders with Malaysia’s progress in mitigating the economic impact of Covid-19 to Malaysian industries. The webinar was held at the Ministry of International Trade and Industry Tower, Kuala Lumpur on 4 September 2020.

The economic ties between the two countries have flourished over the years due to solid diplomatic foundations laid by respective leaders of each country. This is evident through the increasing number of French companies investing in Malaysia. As of December 2019, a total of 126 manufacturing projects with French participation have been implemented with total investments of RM4.36 billion , creating a total of 10,913 potential employment.

Malaysian Ambassador to France, H.E. Dato’ Dr. Azfar Mohamad Mustafar also joined the live webinar session and delivered his remarks. The session was moderated by Mr. Philippe Gautier, CEO from MEDEF International. In addition, more than 30 participants, of whom, were mostly representatives from French companies operating in France and Southeast Asia region participated actively in the webinar.

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