Time for an exit strategy. Dateline 2013-07-26, The Star:
Malaysian Investment Development Authority (Mida) is currently in talks with potential investors in alternative energy, oil and gas and advanced electronics.
Chief executive officer Datuk Noharuddin Nordin said some of these foreign companies were also interested in setting up their operational headquarters or regional service centres in Malaysia.
Speaking to Bernama in Bangkok recently, he said the companies were not only looking at Malaysia but were also considering other countries in the region.
“So, we are in the process of convincing them to decide on Malaysia and, hopefully, they can make the decision within this year,” he said.
Noharuddin said there had been an increasing trend whereby investor interests would gradually come from markets that were not traditional to Malaysia; for example, traditionally investments from Europe would come from the UK and Germany.
“Now we are seeing a lot of interests of companies coming from France and Spain. These are not our traditional sources of investments, which are something very encouraging,” he said.
…
Wata - Malaysian Oil and Gas Engineer 