Mitsui, NEC Keen To Increase Investment In Malaysia

Prime Minister Datuk Seri Anwar Ibrahim who is on a working visit to Japan on the back of the Japan-Asean Summit 2023, had also met with Japanese business community there discussing on the potential of investing in Malaysia.

In a social media post today (17 Dec) Trade and Investment Minister Tengku Zafrul said the Prime Minister held a face-to-face session with NEC and Mitsui among the largest conglomerate in Japan discussing on their investment in Malaysia. These two giants have long established their presence in the country having invested more than RM4.5 billion into the economy.

According to the minister, both companies voiced their confidence to increase investment in Malaysia which Tengku said was due to political stability and investor-friendly policies. The follow up will be passed on over to MITI and MIDA who have made a conducive ecosystem to facilitate investment not only for foreign investors but also for local investors.

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