Malaysia positions itself as Korea's long-term tech partner
Malaysia is seeking to elevate its economic partnership with Korea beyond traditional manufacturing and trade by positioning itself as a long-term strategic partner in high-value industries, ranging from semiconductors and artificial intelligence (AI) to electric vehicles, renewable energy and the fast-growing global halal economy. In an interview with The Korea Times, Malaysian Investment…
Malaysia is positioning itself as a long-term strategic partner for Korea in high-value industries, including semiconductors, artificial intelligence, electric vehicles, renewable energy, and the halal economy. Malaysian Investment Development Authority (MIDA) Director Redzuan Abd Rahman and Malaysia External Trade Development Corporation (MATRADE) Trade Commissioner Mohamad Termizi HJ Piee discussed this evolving relationship with The Korea Times, stating that the two countries have entered a new phase with growing opportunities for Korean companies to leverage Malaysia as an investment destination and gateway to the wider ASEAN market.
The countries have a strong and enduring economic partnership, and Malaysia believes the greatest opportunities lie in deepening collaboration in industries shaping the future of their economies. Korean companies have already invested a total of $11.7 billion in Malaysia.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
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- Malaysia positions itself as Korea's long-term tech partner koreatimes.co.kr
