Mida inks MoU with DHL Express to attract FDI

The partnership is aimed at further consolidating Malaysia’s position as an alternative supply chain hub in this region, said Mida's Sivasuriyamoorthy.

KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) has entered into a memorandum of understanding (MoU) with DHL Express Malaysia to strengthen the country’s position as an ideal destination for high quality foreign direct investment (FDI).

Mida deputy chief executive officer of investment promotion and facilitation Sivasuriyamoorthy Sundara Raja said the partnership is aimed at further consolidating Malaysia’s position as an alternative supply chain hub in this region.