MIDA and kOTRA signs MoU for Investment Promotion Cooperation

KUALA LUMPUR, March 12 (Bernama) — The Malaysian Investment Development Authority (MIDA) signed a Memorandum of Understanding (MoU) with the Korea Trade-Investment Promotion Agency (KOTRA) today, in conjunction with the visit of His Excellency Moon Jae-In, President of the Republic of Korea to Malaysia this week. The partnership includes information exchanges on investment environment, opportunities, and promotion activities, as well as best practices of investment promotion.

“MIDA has been working together with KOTRA for a long time.  Every year we organise investment missions to South Korea where there will be seminars, roundtable meetings, and one-on-one sessions with Korean investors, to promote business opportunities in Malaysia as well as to provide updates on the latest policies and economic landscape. KOTRA has always been one of our supporting organisations. So, we are excited to seal this strong cooperative relationship in investment promotion,” said Dato’ Azman Mahmud, Chief Executive Officer (CEO) of MIDA.

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