INVESTMENT HAVEN FOR INVESTORS

Malaysia has big potential to be a choice investment hub for investors from the United Arab Emirates (UAE) in their pursuit to seek new investment opportunities, particularly in oil and gas, healthcare and construction materials. International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed said Malaysian companies have the expertise and advantage in these sectors and were prepared to collaborate with the UAE investors. As of now UAE absorbed 43.31 per cent of Malaysia’s exports to the Middle East. Malaysia-UAE two-way trade has expanded more than three-fold over the last decade from $1.16 billion in 2000 to $4.59 billion last year.