Jan 20, 2012

Malaysia - Japan aims to stay top investor



KUCHING: Malaysia’s number one investor Japan plans to stay in that position by exploring more areas to invest in the country.

Japanese ambassador Shigeru Nakamura attributed this to Malaysia’s rich resources and its Government’s keen interest in bringing in investors from Japan to this country.

He said apart from the current sectors which include electronics, cutting edge products, timber and automobile industries, Japanese investors were eyeing the potential of oil palm and rubber plantations, infrastructure development and environmental industries.

“We (Japanese) hope that Malaysia would gradually grow and expand and would provide these areas for us to invest in,” Nakamura told reporters after doing a site visit to Taiyo Yuden (Sarawak) Sdn Bhd near Sama Jaya Industrial Zone here yesterday.

He said with Malaysia’s fast growing population and the increasing need of good medical facilities, Japanese investors were also keen to explore and invest in medical facilities and develop a new concept of Medical Tourism.

“I understand that the increasing population of Malaysia would also require the development of its medical care services. I hope our investors would come in and explore this potential area as well,” he added.

Nakamura stressed that the environment would be another potential sector, especially in Sarawak where there was a need to preserve the state’s flora and fauna.

“We’re already involved in terms of providing infrastructure development such as those involving sewage and waste management project in the state.

“We hope that in the future more such collaborations can be done as we have to pay regards to the environment,” he said.

By NIGEL EDGAR
The Star



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