BERLIN, March 17 — Malaysia is poised to secure potential investments totaling RM45.4 billion from Germany following high-level discussions with Prime Minister Datuk Seri Anwar Ibrahim. According to Investment, Trade, and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz, these investments span diverse sectors such as semiconductor, aerospace, medical devices, chemicals, and services, signaling a blend of fresh ventures and expansions. Noteworthy engagements with 38 industry leaders from key German cities including Stuttgart, Munich, Berlin, and Frankfurt, alongside discussions with major players like X-Fab, Melexis, and Infineon Technologies AG, underscore Malaysia’s allure as an investment destination.
Prime Minister Anwar reiterated Malaysia’s commitment to fostering a conducive business environment, assuring German investors of the nation’s appeal. Notably, impending projects by X-Fab, Melexis, and Schott, worth RM4.45 billion, highlight the burgeoning economic ties between Malaysia and Germany, further fortified by Infineon’s ambitious plans to establish the world’s largest SiC power fab in Kulim. With over 700 German companies operating in Malaysia and creating 65,000 jobs, this collaborative endeavor underscores Malaysia’s dedication to sustainable economic growth through strategic partnerships and investment opportunities. – BERNAMA
