KUALA LUMPUR: United States (US) companies have made investment pledges totalling RM100 billion in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said.
He said these are significant investments in areas where the US wants to strengthen its presence, namely electronics and semiconductor sectors, as well as data centre segment which is a big growth area.
He added that most US companies that have invested in Malaysia have also gained the benefits from latest technologies coming into the country. He also highlighted that Malaysia has agreed to host the Indo-Pacific Economic Framework negotiation round which will be held in October this year to discuss ways of creating a clean economy with renewable energy .
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Columnists - Opinion | The StarKUALA LUMPUR: Malaysia’s loss is another’s gain.
Read more »
myTukar, Genie Malaysia records strong revenue growthMalaysia’s digital used car ecosystem, myTukar and Genie Malaysia, have recorded strong sustainable growth.
Read more »
Bursa Malaysia opens mixedKUALA LUMPUR: Bursa Malaysia opened mixed on Monday amidst weak sentiments in the broader market. At 9.20 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) ...
Read more »
Six furniture factories catch fire in Sg BulohKUALA LUMPUR: Six furniture factories caught fire in Kampung Baru Sungai Buloh near here, this afternoon.
Read more »