‘RM4bil potential investments from PM's visit to France'
The Investment, Trade and Industry Minister said representatives from the Malaysian Investment Development Authority and Malaysia External Trade Development Corporation were also part of the Malaysian delegation led by Anwar.
During the visit, Anwar met with 40 representatives from French industry players.
'Several French companies expressed their intention to invest a cumulative value of RM4bil in sectors such as high-tech manufacturing, aerospace, renewable energy, tourism and hospitality, as well as the digital economy and sustainable infrastructure.
'As for potential exports, RM675mil was generated for high-impact sectors such as aerospace, automotive, renewable energy, pharmaceuticals, digital economy, lifestyle and the halal industry,' the ministry said in a statement yesterday.
'All these are sectors targeted under the New Industrial Master Plan 2030 and Green Investment Strategy.
'Companies shared their intention to continue investing in Malaysia, driven by key factors such as a conducive, stable and dynamic investment ecosystem; encouraging global demand for Malaysian-made products; efficient domestic supply chains and a highly skilled workforce,' it added.
Tengku Zafrul said the overall success of this mission reflects the continued confidence of many foreign companies in Malaysia's investor-friendly policies.
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