The CEO of the Iskandar Regional Development Authority (Irda), Ismail Ibrahim, said he was ‘glad’ at the level of knowledge and interest of Iskandar Malaysia in the European Union. Attending a meeting of the Asean-EU Business Council in Singapore, he said European investors were interested to hear which sectors were available to them and added that Irda will organize more investment roadshows to spread the message.

Irda would also arrange a tour of major sites in Iskandar Malaysia’s 2,217 sq km for locally-based European businesspeople. The special economic zone has attracted RM73 billion in investments so far, with foreign direct investment FDI already coming from EU members the United Kingdom, France, Spain and the Netherlands.

The day’s events also included a European Day Celebration luncheon for the EU’s 60th anniversary organized by the¬†European Chamber of Commerce (EuroCham). 200 business leaders from Asean and the EU attended, along with guest of honor Malaysian¬†International Trade and Industry Minister Mustapa Mohamed.

source & article: The Star Online