PM eyes global export opportunities for Malaysian products through Daiso's RM1.2b hub
LOCAL manufacturers and suppliers stand to gain greater access to international markets through Daiso's new RM1.2 billion Global Distribution Centre (GDC), which is expected to connect local products to 27 countries across Asia and the Middle Eas...
Prime Minister Datuk Seri Anwar Ibrahim has announced plans for a RM1.2 billion Global Distribution Centre (GDC) by Japanese retailer Daiso Malaysia Group Sdn Bhd. The facility, expected to be operational soon, aims to provide local manufacturers and suppliers with greater access to international markets across Asia and the Middle East.
Anwar revealed that the network could connect products to 27 countries, aiding in the expansion of Malaysia's market reach and enhancing the competitiveness of local products. This RM1.2 billion private-sector investment also signifies international investor confidence in Malaysia's potential as a regional logistics and distribution hub.
The government hopes the centre will not only bolster the country's position in regional supply chains and trade but also stimulate the logistics sector and create high-value employment opportunities. Anwar emphasized that the government's investment decisions prioritize generating added value for the domestic economy, strengthening industrial capabilities, and expanding economic opportunities for Malaysians.
Written by urgent.news from The Vibes's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.