PM Anwar woos more German businesses to invest in Malaysia

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PM Anwar woos more German businesses to invest in Malaysia
GermanyInvestmentOlaf Scholz
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The electric vehicle (EV) industry has a lot of ground momentum driving its growth and adoption globally, but there are still key chokepoints that could impede any widespread adoption locally – at least for the moment.

BERLIN: Prime Minister Datuk Seri Anwar Ibrahim welcomed more German businesses to take advantage of Malaysia’s strategic location in Southeast Asia and its developed infrastructure as a preferred investment destination.

Malaysia looks forward to greater collaboration, not only in enhancing trade and investment but also to strengthening bilateral relations in all fields, he said at a joint press conference with his German counterpart Chancellor Olaf Scholz at the Federal Chancellory, Berlin on Monday ."We have about 1,000 students throughout Germany for training in German companies for their initial exposure.

Anwar said Malaysia was exporting renewable energy to Indonesia’s new capital Nusantara as well as through undersea cable to Singapore.

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