KUALA LUMPUR: Malaysia is an attractive premier investment destination particularly for high-technology and knowledge-driven companies, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
He said the conducive business environment in the country has given birth to many globally competitive companies such as Petroliam Nasional Bhd, Malayan Banking Bhd and CIMB Group.
"Malaysia is going through a very exciting transformation which will make the country even more open for business," he said in a dialogue with global corporate, government and media leaders on the sidelines of the World Economic Forum 2012 in Davos, Switzerland.
Members of the dialogue, which include former Deputy Prime Minister of the United Kingdom Lord Peter Mandelson, Garuda Airlines chief executive officer Emirsyah Satar and vice chairman of global advisory PricewaterhouseCoopers Juan Pujadas, have urged the country to be more aggressive in highlighting Malaysian success stories.
The minister also assured the attendees of the country's political stability with minimal political risks and clear plans for the future.
Meanwhile, Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar, who also spoke at the meeting, stressed on the transformation that has been happening in Malaysia, particularly on how Malaysian Government-Linked Companies have become more competitive and professionally managed.
He said the Asian financial crisis has made many Malaysian companies stronger and resilient following lessons learnt during that period. -- BERNAMA
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