Investkl attracts four multinational firms

KUALA LUMPUR: Investkl has attracted four multinational firms to set up hubs and business service offices in the Greater Kuala Lumpur area, bolstering its 10-year strategic objective to attract Rm35bil in investments.

Investkl chief executive officer Muhammad Azmi Zulkifli announced that Australian manufacturer The Arnott’s Group, Tupperware Brands Corp, British public-listed software development company Endava Plc and Baxter South-east Asia have chosen Greater KL to set up hubs and business service offices.

“The country’s resilient post-pandemic economic performance is also reflected in the increased foreign investments coming in, with more global companies deciding to establish their global services hub in Greater KL this year.

“This is a testament to Malaysia’s continued appeal to foreign investors as an investment destination of choice due to the country’s solid fundamentals, investor-friendly policies, robust infrastructure, and a dynamic pool of talent,” he said in a statement.

Investkl is an investment promotion agency under the International Trade and Industry Ministry.

It is tasked to attract large global multinationals to establish regional business services headquarters in Greater Kuala Lumpur and strategically grow their business in Asia.

In the first half of 2022, Investkl attracted Rm1.68bil worth of investments, creating 1,919 high-skilled executive job opportunities. — Bernama