Categories: Economy News
      Date: Jul 16, 2012
     Title: InvestKL upbeat on investors' sentiment, expects to meet investment target for the year
InvestKL Corp, a dedicated agency established to attract more multinational companies (MNCs) to invest in Kuala Lumpur and the Klang Valley, is upbeat on investors' sentiment in investing in Malaysia despite global uncertainties and expects to meet its target of attracting 10MNCs this year.

InvestKL Corp, a dedicated agency established to attract more multinational companies (MNCs) to invest in Kuala Lumpur and the Klang Valley, is upbeat on investors' sentiment in investing in Malaysia despite global uncertainties and expects to meet its target of attracting 10MNCs this year.

InvestKL Chief Executive Officer, Zainal Amanshah said in his meetings with foreign businessmen, he found increasing interest in Malaysia due mainly to two key factors- ample business opportunities and structural policy reforms under the Economic Transformation Programme.

These are further supported by the ease of doing business here, fair cost, the availability of talents, good infrastructure and political stability, he said, adding that investors from the US, Europe, Germany, France and Japan continue to show keen interest to invest in Malaysia.

Zainal was speaking to journalists after the signing ceremony between Aecom, Might-Meteor Advance Manufacturing Sdn Bhd (MMAM) and Universiti Putra Malaysia (UPM) in Kuala Lumpur yesterday, witnessed by Federal Territories and Urban Wellbeing Minister, Datuk Raja Nong Chik Raja Zainal Abidin.

Also present were the Ministry's Secretary-General, Datuk Ahmad Phesal Talib, Aecom Regional Managing Director for Planning, Design and Development, Scott Dunn, UPM Deputy Vice-Chancellor Industry and Community Relations Professor, Dr Tai Shzee Yew and MMAM Executive Director Jasmin Baba.

Aecom’s tie-up with MMAM is to cooperate and collaborate on the Technology Specialist in Specific Domain Expertise (TeSSDE) programmes, whereby selected engineering graduates employed by Aecom will be trained under the TeSSDE programmes.

The deal with UPM is to encourage and promote the exchange of staff for teaching and industry placements as well as collaboration on research activities as well as on innovation and commercialisation programmes.

Adapted from NST Business Times 11 July 2012