Japanese Ambassador to Malaysia Hiroshi Oka said new companies are starting to grow in new areas in the country by venturing into the health, medical device manufacturing, digital technology and halal food industries.
While industries across the board suffered serious declines resulting in massive job cuts due to the COVID-19 pandemic, Japanese companies have managed to maintain and retain their employees totalling 340,000 in the manufacturing sector alone, in the many months of the movement control order. This is one of the most fantastic dimensions of Japanese investments in Malaysia.
A Japanese medical device manufacturing company, which has been producing highly sophisticated cardiovascular medical devices in Japan, has established its first overseas new plant in Malaysia to export its products back to Japan. Another established name, Hitachi, is also providing solution services based on the digital technology and is turning Malaysia into its regional hub for this service in the entire Asean region.
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