The investments are mainly in renewable energy and the semiconductor industries while some investments are in oil and gas, chemicals and advanced machinery.
In Dusseldorf, Dato’ Sri Mustapa chaired a one-day seminar attended by some 220 participants including from the machinery, palm oil, green technology, electrical and electronics (E&E), medical devices and consumer electronics sectors.
He also held talks with existing German investors with businesses in Malaysia on operational matters as well as the companies’ plans for expansion, particularly for those in the midst of a major technology transfer to countries in Asia.
Meanwhile, MIDA Chairman, Tan Sri Amirsham A. Aziz held a trade and investment seminar in Munich
The two seminars had also generated keen interests from German companies to expand their operations in Malaysia, including setting up research and development facilities and upgrading supply chain management.
Source: NST Business Times 20 Oct 2014