KUALA LUMPUR, Jan 29 — Many corporate titans have already chosen Malaysia and especially Greater Kuala Lumpur as a hub and the country is focused on attracting more, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed said.
Mustapa (picture) said Malaysia is aware of the challenges global businesses face and the government sees its primary role in helping companies to reduce their cost of business and build more efficient supply chains.
Speaking against the backdrop of the World Economic Forum 2014 in Davos, Switzerland, Mustapa said the government has also reduced energy costs through enhancing energy efficiency, removing trade obstacles and providing highly qualified people.
“We have to move up the value chain. Our aim is to create more high-skilled quality jobs in Malaysia,” the minister said at a breakfast dialogue organised by InvestKL, Malaysia’s capital city investment agency, at the World Economic Forum in Davos.
Meanwhile, chief executive of InvestKL Zainal Amanshah emphasised Kuala Lumpur’s strategic role in reaching out to the markets of Southeast Asia and beyond.
“Greater Kuala Lumpur today not only offers boundless opportunities for international trade and commerce to springboard their business to the next level, but also provides seamless supply chain management due to its strategic location, federal commitment, business sophistication and innovation,” he said.
“KL offers global multinational corporations (MNCs) an unmatched opportunity to access the expanding 620 million-strong consumer market of Southeast Asia by establishing operations in the region’s most dynamic capital.
“Ultimately, KL’s ability to engage and catalyse the long-term future of the region offers global companies an unrivalled avenue to weave their own energy, passion and vision for international trade in Asia,” he said. — Bernama
