Over a third of Japanese companies in Malaysia keen to expand

Jetro said the poll, which covered Japanese firms in 20 countries/regions, found that this represented the smallest rate of decline (-6.7%) among the six participating Asean countries compared to the 2019 survey.

KUALA LUMPUR: Just over a third – or 36.1% – of Japanese companies in Malaysia surveyed by the Japan External Trade Organisation (Jetro) have expressed an intention to expand in the next one to two years, especially in the food, precision medical devices and transportation industries.

Jetro said the poll, which covered Japanese firms in 20 countries/regions, found that this represented the smallest rate of decline (-6.7%) among the six participating Asean countries compared to the 2019 survey.