KUALA LUMPUR, July 6 — Malaysia is looking forward to new and expanding investments from Italy, with a particular focus on new potential areas of growth such as machinery,...
KUALA LUMPUR, July 6 — Malaysia is looking forward to new and expanding investments from Italy, with a particular focus on new potential areas of growth such as machinery, automation, aerospace, green technology, food production, biotechnology, pharmaceuticals and other high technology industries, as well as digital investments.
“Malaysia is, of course, proud to be home to a number of Italian investments. As of December last year, a total of 75 manufacturing projects with Italian participation have been implemented across the country. This has created 4,320 job opportunities for locals here at home,” he said in his keynote address at the High-Level Dialogue on Asean-Italy Economic Relations 2022 here today.
“For example, Italian companies in the fashion industry — including Prada, Gucci, and Salvatore Ferragamo to name just a few — are household names, especially among the affluent in Southeast Asia, as well as among our burgeoning middle class.
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