Which key sectors will Malaysia focus on during the Japan trade mission?

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Malaysia to Prioritise High-End Technology Sectors in Japan Trade Mission

Malaysia's upcoming trade and investment mission to Japan, scheduled from May 29 to June 3, 2023, will concentrate on fostering deeper ties within strategic high-end and high value-added technology sectors. The delegation, led by Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz, aims to leverage the Comprehensive Strategic Partnership between the two nations, which was elevated last year. Environmental, social, and governance (ESG) principles will form an overarching theme across these focus areas.
Focus on Electrical and Electronics, Chemicals, and Electric Vehicles

The mission's core agenda includes intensive engagement with prominent Japanese industry players operating within the electrical and electronics (E&E) sector, chemical and chemical products industry, and the burgeoning electric vehicles (EV) market. These sectors represent areas where Malaysia seeks to attract further investment and facilitate business expansion, building upon Japan's long-standing role as a crucial trading partner and significant source of foreign direct investment (FDI).
Exploration of Emerging Technologies and Facility Visits

Beyond direct engagement with industry leaders, the itinerary incorporates visits to facilities showcasing new emerging technologies relevant to the manufacturing sector. Specific attention will be given to advancements in the automotive industry, E&E, and carbon capture storage solutions, reflecting Malaysia's forward-looking approach to industrial development and sustainability.
Bilateral Discussions on Economic Cooperation

A key component of the mission involves a bilateral meeting between Minister Tengku Zafrul and Japan's Minister of Economy, Trade and Industry, Nishimura Yasutoshi. This discussion is set to address bilateral issues and explore avenues for enhanced economic cooperation through various international platforms, including the Japan-Malaysia Public-Private Industrial Policy Dialogue, Indo-Pacific Economic Framework (IPEF), Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP), and Asia Pacific Economic Cooperation (APEC).

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Which key sectors will Malaysia focus on during the Japan trade mission?

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