Dutch firms told to explore opportunities in Malaysia


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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Dutch , Johor

Next In Business News

AEON Bank Biz introduces flexible financing for Shariah-compliant businesses
A street-level hazard
Happiness on paper but reality?
How skyscrapers keep lightning away
IPI and the data centre effect
Health at a premium
Cracks emerge in private credit
Clearer skies for S-REITs
Steering through regulatory waters
The high cost of policy flip-flops

Others Also Read