Minister Highlights Malaysia's Investment Opportunities At Zurich Meet

KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia's investment opportunities and economic lures were among the main highlights in a presentation by Minister of International Trade and Industry Mustapa Mohamed at a roundtable meeting Wednesday in Zurich, Switzerland. The event, which was jointly hosted by the Malaysian Investment Development Authority (MIDA) and Switzerland-Asian Chamber of Commerce, was attended by 40 Swiss corporate figures from high-tech industries such as precision engineering, pharmaceutical and aerospace as well as representatives from the banking sector. "In his presentation, Mustapa maintained that political stability, excellent infrastructure, business-friendly policies and strong support and assistance from MIDA are key reasons that make Malaysia a preferred destination for foreign investors," the Ministry of International Trade and Industry said in a statement Thursday. Realised investments by Swiss companies in Malaysia to date stand at USD1.1 billion (US$1=RM3.05). Mustapa is leading a two-day investment mission to Zurich from Jan 25-26 to seek quality investments from technology-driven companies that provide high-income employment. "Two such companies are in the advanced stage of investing in Malaysia," the ministry said. -- BERNAMA