Dutch firms told to explore opportunities in Malaysia

  • Business
  • Thursday, 04 May 2017

ISKANDAR PUTERI: With investments by Dutch companies hitting RM48.2bil so far, more investors from the Netherlands are encouraged to explore opportunities in this country.

The Netherlands ambassador Karin Mossenlechner said fields that could be explored include engineering, finance, digital economy and smart city.

Other areas include logistics, ICT, engineering, oil and gas, maritime, manufacturing and education.

“Presently, there are more than 200 Dutch companies operating in Malaysia.

“Last year alone, there were investments totalling RM3.2bil into Malaysia,” she said at the launch of the Malaysian Dutch Business Council (MDBC) Johor Chapter in Medini 6.

She added that presently, 48 Malaysian companies have regional offices in the Netherlands including in the fields of commodities, automotive, electrical and electronics and information technology.

“Although formal diplomatic ties between Malaysia and the Netherlands were formed 60 years go, the actual cooperation between the Dutch and Johor Sultanate started as early as in 1602,” she added.

Iskandar Regional Development Authority (Irda) chief executive Datuk Ismail Ibrahim, who was representing Johor Mentri Besar at the launch, said it hoped to attract more business chambers or councils to explore opportunities in the state.

Irda chief executive Datuk Ismail Ibrahim said that so far, there are about 10 such groups operating in Johor.

“Now we have the MDBC here. This is a good platform to bridge the private and government sectors,” he said.

MDBC Johor chapter is the third such office established in Malaysia after Kuala Lumpur and Penang.

There are about 20 Dutch companies operating in Johor.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Dutch , Johor


Next In Business News

Macau casino giants win licence renewals, Malaysia's Genting loses bid
Oil prices fall 2% as Chinese demand worries linger
China investors identify trigger points to buy
More than meets the eye in courier industry
Energy security is global priority in 2023
Asia’s richest man makes US$5bil bet to silence debt-obsessed critics
The crypto bubble of the worst kind
ESG in real estate gains traction
Poll: UK house price rally to end next year but no big crash seen
The rise and fall of FTX

Others Also Read