Mustapa: Public-private tie-ups vital to bring industries forward
KUALA LUMPUR: Public and private sector collaborations are important in creating a sustainable and progressive development of industries in Malaysia, says International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
The partnerships were vital in order to bring the industries forward, he said.
“We seek to work together as we continue to position the country as the best place to invest,” he said at the networking lunch co-organised by the Malaysian Investment Development Authority (Mida) and CIMB Group, here, yesterday.
Mustapa also discussed the opportunities and challenges of doing business in Malaysia.
He said the ministry and Mida as well as other agencies were working hard to develop local industry players to become global champions.
“We want Malaysia to be your gateway into the region, providing companies with immediate access to a wide and dynamic market,” he added.
Mida had partnered with CIMB to organise the networking lunch with key personnel from leading foreign multinationals, chambers of commerce and local businesses.
In a joint statement yesterday, Mida said the networking lunch was attended by 38 representatives from businesses and chambers of commerce.
Malaysia has been ranked 25th out of 138 economies by the Global Competitiveness Report 20162017, issued by the World Economic Forum.
This has placed the country among the world’s top 20 per cent of the most competitive economies, and also the highest ranked among developing Asian countries. Bernama