Work With M'sian Investors, Middle East Investors Told

By Nur Syuhada Shamsudin PUTRAJAYA (Malaysia), Feb 13 (Bernama) -- Middle East investors were today asked not to miss the opportunity to forge business ties with their Malaysian counterparts for the progress of the global community. In making the call, Malaysia Investment Development Authority (MIDA) chairman Sulaiman Mahbob said agriculture, services and manufacturing are potential sectors that promised lucrative returns. "They can also participate in the hotel, property, halal goods and healthcare as we (Malaysia) provide various attractive incentives," he told BERNAMA after tabling a working paper entitled "Investment Opportunities in Malaysia" at an Islamic trust organisation conference. Sulaiman said Malaysia has its own significance in that its economy was managed prudently, the country has skilled manpower and offers various incentives to investors. "There's no limit in the amount of foreign capital to be brought into the country. Malayia's strength is not only in wooing investments, but also allowing foreign investors to repatriate profits and interests accrued to their home country," he said. Sulaiman said many investors were anxious to know how Malaysia developed the manufacturing sector and promote investment opportunities in the country. About 80 foreign delegates, including 28 would-be investors from Saudi Arabia, Qatar, Sudan, Egypt and the United Kingdom are attending the conference held for the first time in Malaysia. The UK-based Badan Amanah Al-Muntada Al-Islami is an independent organisation established to meet the local communities' needs. Currently, it has several activity centres worldwide. -- BERNAMA