Malaysia also appealing to Japanese SMEs
It’s not just big Japanese businesses presenting opportunities for Malaysian manufacturers. With several Japanese small and medium sized enterprises (SMEs) looking to diversify risk, Malaysia is stepping up to offer an alternative location to these smaller businesses for manufacturing and data management facilities.
Again, Malaysia is interested primarily in Japanese automotive, electrical and electronics companies.
After Tohoku’s string of destructive tragedies in March, Japan’s own government has called for local firms to protect themselves by moving some functions overseas. Malaysia’s Deputy Minister of International Trade and Industry, Mukhriz Mahathir, said that his country offered a secure location outside earthquake danger zones and business-friendly policies.
source & article: MIDA
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