PM Anwar woos more German businesses to invest in Malaysia

The Star

Prime Minister Datuk Seri Anwar Ibrahim has welcomed more German businesses to take advantage of Malaysia’s strategic location in Southeast Asia and its developed infrastructure as a preferred investment destination.  Read more at https://tinyurl.com/5dy6xyjb  WATCH MORE: https://thestartv.com/c/news SUBSCRIBE: https://cutt.ly/TheStar LIKE: https://fb.com/TheStarOnline

Transcript

00:00 Good evening, Najibudin from Newsreels Times.

00:07 My question is for Datuk Sri Anwar. Can you share a little bit with us

00:12 on the latest progress and developments on trade and investments by Germany to

00:16 Malaysia

00:16 and perhaps can you also elaborate somewhat on the administration's

00:20 challenge with regards to

00:22 the shift towards renewable energy in Malaysia.

00:25 Now for His Excellency Chancellor Schultz, the question is you had in 2022

00:31 spoke of a

00:32 "Zeitenwende" to signify a shift in German foreign and security policies

00:37 but with your greater focus now on Southeast Asia

00:40 or rather ASEAN context in general, how does Germany view Malaysia in terms of

00:45 bilateral

00:46 importance, trade as well as on regional issues?

00:50 Thank you. Well, within European Union,

00:55 Germany of course our largest trading partner and

01:00 you have invested a substantial

01:03 amount close to 15 billion dollars and in our discussions

01:08 as I mentioned in Finian and many

01:11 leading German companies, I am of course

01:14 extremely glad that they have chosen Malaysia to be

01:18 an important hub, center of excellence, training and important hub

01:22 in the region. So I look forward to further collaboration on this subject.

01:26 Although we have also said that training should be the focus,

01:31 we have 1,000 students here throughout

01:35 Germany, you have a few hundred in Malaysia, which is

01:38 something welcome but of course

01:42 working with many of the German companies for training and for

01:47 initial exposure

01:48 and in terms of renewable energy

01:51 there has been our thrust, our focus now and we are fortunate because we can,

01:56 we are strong in solar, strong in green

02:00 and strong in terms of our capacity to export

02:04 renewable energy which we have done so into the capital of Indonesia,

02:08 the new capital to undersea cable

02:12 to Singapore and one dedicated to

02:16 peninsular Malaya. So there is huge potential, that is why you can see this

02:20 mushrooming of data centers and AI into the region

02:25 in Malaysia.

02:26 [silence]

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