Malaysia, Singapore To Revive Dormant M'sia-s'pore Joint Business Council – Mustapa
16 November 2009 , By BERNAMA
During the same period, they had invested RM19 billion in various projects, including in production of electronic goods and components manufacturing, in Malaysia.
Stressing that he was working hard to woo Singaporean entrepreneurs to invest in Malaysia, Mustapa said that just like Singaporean investors formed the top foreign visitors to Malaysia, "I want investors from the neighbouring country to become major investors in Malaysia."
The Minister said Singaporean investors were keen to make fresh investments in the health sector and development of industrial parks and logistics.
To attract more Singaporean investors, Mustapa said the Malaysian Industrial Development Authority (MIDA) will organise two Singapore-to-Malaysia trade missions next month.
MIDA will also try to woo Singaporean investors to Sabah and Sarawak in the upcoming promotion drive, he said.
Touching on the progress of Iskandar Malaysia in Johor, Mustapa urged Singaporean investors to increase their participation in the southern corridor development particularly in iconic projects.
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