Strong German support - MIDA | Malaysian Investment Development Authority
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Strong German support

Strong German support

09 Jan 2021

Malaysia remains an attractive hub in Asia Pacific for German companies, says German ambassador His Excellency Dr Peter Blomeyer (left) during a courtesy call to Malaysian Investment Development Authority’s (Mida). He was received by chairman Datuk Abdul Majid Ahmad Khan.

Blomeyer said Germany, being Malaysia’s largest foreign investor from the European Union, saw the start of 461 manufacturing projects as of June 2020 with total investments worth Rm33.31bil, and creating 47,277 jobs.

He said the German business communities welcomed the decision to exempt advertising requirement for positions, namely investors, company owners, C-suites, expatriates for Regional Offices as well as for intra-company transfers.

Blomeyer said Germany would like to explore collaboration with local training institutions in order to boost their training capabilities and facilities in human capital development by offering German Dual Vocational Training (GDVT) programmes.

Abdul Majid briefed Blomeyer on Mida’s plans to organise a trade and investment mission and working visit to Europe once business travels are allowed.

Source: The Star