KUALA LUMPUR : The trade and investment mission to Europe from Oct 13 to 21, 2021, led by International Trade and Industry Minister, Datuk Seri Mohamed Azmin Ali
The International Trade and Industry Ministry said in a statement that the potential foreign direct investment from Germany is RM10.7bil while potential FDIs from France and the United Kingdom are RM2.6bil and RM800mil respectively. The ministry said Malaysia’s economic transformation efforts particularly in driving the environment, social and governance agenda are well received by the European business community.
Throughout the TIM, Mohamed Azmin comprehensively shared Malaysia’s vision in the sustainable agenda, notably the Malaysian target of achieving carbon net-zero greenhouse gas emissions earliest by 2050, as outlined in the 12th Malaysia Plan.
Watch the words used so far by Azmin - potential..strong commitment..there's a lot read between the lines innuendos.
Before InvestKL, OfficialMIDA & MITIMalaysia get all excited, do note that RM14 billion is only about US$3 billion. What is the breakdown between fixed assets investment & expected business spending? How many new jobs will be created in M'sia? AzminAli
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