What assurances did PM Anwar offer German businesses in Berlin?

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Prime Minister Anwar Ibrahim Reaffirmed Malaysia's Standing as a Premier Investment Destination for German Businesses

Prime Minister Datuk Seri Anwar Ibrahim assured German businesses that Malaysia continues to be a highly favoured and optimal location for investment. This assurance was conveyed during a roundtable meeting in Berlin attended by over 35 industry leaders from key sectors. The gathering underscored Malaysia's commitment to fostering robust economic ties and attracting foreign direct investment from Germany.
Engagement with Key German Industry Leaders

The Prime Minister's engagement included a significant roundtable session with more than 35 chief executive officers and representatives from prominent German companies. These businesses operate across diverse and critical sectors such as energy, medical devices, semiconductors, electronics, machinery, automotive, and aerospace. Notable attendees included the chief executive officers of Siemens AG, B. Braun GmbH, and Melexis, alongside leaders from Airbus Asia Pacific, Volkswagen Group Malaysia, and Infineon Technologies AG, signifying the breadth of German industrial interest in Malaysia.
Emphasis on Malaysia's Investment Climate

Datuk Seri Anwar Ibrahim's primary message to the German business community was a strong reaffirmation of Malaysia's position as one of the best and preferred destinations for investors. This direct assurance aimed to bolster confidence among existing and potential German investors, highlighting the country's continued appeal amidst a dynamic global economic landscape. The presence of representatives from the German Chamber of Commerce and the Malaysia-German Chamber of Commerce further indicated the strong existing bilateral economic relationship.
Bilateral Trade and Investment Context

The meeting also implicitly touched upon the substantial existing economic relationship between Malaysia and Germany. Germany has consistently been Malaysia's largest trading partner within the European Union since the year 2000. In 2023, the total trade volume between the two nations reached RM63.45 billion, reflecting a 5.9 per cent increase from the previous year. Furthermore, over 700 German companies are currently established in Malaysia, collectively providing approximately 65,000 job opportunities, underscoring the depth of German investment and economic contribution.

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What assurances did PM Anwar offer German businesses in Berlin?

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