Showing posts with label regional hub. Show all posts
Showing posts with label regional hub. Show all posts

Wednesday, 23 October 2013

Najib urges US MNCs to make KL their regional hub for Asia

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has called United State (US)-based Fortune 500 and Forbes 2000 companies to make Kuala Lumpur their regional hub for Asia by expanding investments in the Southeast Asian nations.

In a statement yesterday, InvestKL said Najib was speaking at the InvestKL ‘In Conversation With The Prime Minister’ in New York, ahead of President Obama’s visit to Malaysia next month.

He said the US is one of Malaysia’s largest foreign direct investors and fourth largest trading partner, with a long history of trade and friendship.

“Malaysia’s strategic location and position as the leading economy within Asia and Asean, and the ongoing Economic Transformation Programme are the catalysts to elevate the nation to a developed country with a high-income economy by 2020.

“Our efforts to provide a business-friendly environment have been affirmed by the World Bank, which ranked Malaysia the 12th best place in the world to conduct business in its ‘Ease of Doing Business 2013’ report.