GEORGE TOWN: Malaysia is among the most impressive countries in Asia in terms of social and economic development, says Bank of Tokyo-Mitsubishi UFJ (M) Bhd's chief executive officer, Masato Nakamura. He said on Friday Malaysia was an attractive investment destination due to its strategic location in Asean and Asia-Pacific.
Source from (The Star Online): http://biz.thestar.com.my/news/story.asp?file=/2012/7/13/business/20120713150957&sec=business
Published: July 13, 2012
Nakamura said investors were also taking advantage of Asean's free trade agreements with India, China, Australia, New Zealand, Japan and South Korea.
"Japanese companies have been attracted to Malaysia's growing economy, location away from natural disasters, good infrastructure and a workforce who can speak English," he said after launching the bank's first branch in Juru Auto City here.
Japanese Ambassador to Malaysia, Shigeru Nakamura, Muneo Kurauchi, senior managing executive officer of Bank of Tokyo-Mitsubishi UFJ Ltd and Bank Negara Malaysia's assistant governor Donald Joshua Jaganathan jointly officiated the launch.
He said well-developed industries such as electrical and electronics parts and chemical manufacturing sectors in Penang continued to attract Japanese and foreign firms to set up units here.
Nakamura said the new branch would provide easier access to the bank's services for corporate customers located in the northern region, especially in the Northern Corridor Economic Region.
"It will also cater to the increasing number of multinationals and local companies concentrated in the vicinity and adjacent industrial areas linked by major highways," he said.
Bank of Tokyo-Mitsubishi UFJ Malaysia is a unit of Bank of Tokyo-Mitsubishi UFJ Ltd headquartered in Japan. The entity is a locally-incorporated Japanese commercial bank providing a full range of banking services. - Bernama
No comments:
Post a Comment