Sunday, November 15, 2009

Foreign Investors picking Malaysia

By Gina Fazio

Malaysia continues to be the hub for foreign investors who recently visited Malaysia to affirm further economic connections between the states and development of more and better factories. The article was not specific about which foreign investors had come to Malaysia other than that Coca-cola wishes to open a high-tech bottling plant in the country. Exxon Mobile a long time investor in Malaysia has also shown interest in opening gas plants in several locations around Malaysia. Deputy Minister of International Trade and Industry Datuk Mukhriz Mahathir asserted that these sorts of deals are not at all minor: "The investment they intend to make is not small. It can run into billions of ringgit." With this kind of large economic interest in Malaysia, it seems that President Obama's praise for the country rings true as a model for development in South East Asia.

No comments:

Post a Comment