UK identifies Malaysia as key source of high-value investments
12/2/2007 16:24
The United Kingdom has identified Malaysia as one of the key sources of
high-value investments, local press reported today.
UK Trade & Investment
(UKTI), a government body that facilitates inward and outward investments and
trade, identifies Malaysia as one of the high-growth markets in Asia in its new
five- year, target-driven strategy launched recently to attract high- value
investments.
"Malaysia is one of not-many-priority markets in Asia. It is one
of the key emerging markets which UKTI will be putting in extra efforts," UKTI
head for Asia Pacific, Tony Collingridge, told the New Straits Times (NST) in a
recent interview.
Collingridge said major investors from Malaysia are already
present in the UK in various fields and UKTI is now wooing the younger,
high-tech companies in Malaysia to leverage opportunities available in the
UK.
These companies need to grow while the UK has expertise in areas like
telecommunications, software development, display technology and gaming software
technology, said Collingridge.
He added there are abundant opportunities in
the UK, in areas like information technology, bio-science, renewable energy,
environmental technology and automotive.
Xinhua
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