Miti gets RM2.84bil potential investment from Italy

Tengku Zafrul said the partnerships forged would contribute significantly to Malaysia becoming a regional hub for advanced technologies and innovation.

KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) has secured a total of RM2.84bil in potential investment and RM500mil of potential exports of Malaysian products and services during a trade and investment mission to Milan and Turin, Italy, from Jan 12 to 16.

In a statement, the ministry said Minister Tengku Datuk Seri Zafrul Abdul Aziz, who led the mission, met with Italian companies in the automotive, aerospace, semiconductors, food, biofuel, as well as machinery and equipment sectors.