KUALA LUMPUR, March 22 (Bernama) — The recently concluded Trade and Investment Mission (TIM) to the Republic of Korea (ROK) has secured a staggering RM24 billion in potential investments for the country. The TIM, held from 14 to 17 March 2023 was led by Minister of International Trade and Industry (MITI), YB Senator Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz. It was also joined by high-level officials from MITI, MIDA, MATRADE and various Investment Promotion Agencies, as well as representatives from regional development corridors and Malaysian companies.
Datuk Wira Arham Abdul Rahman, CEO of MIDA, expressed his excitement in facilitating these investments, stating, “The remarkable achievement of securing RM24 billion in potential investments for Malaysia through the Trade and Investment Mission to the Republic of Korea (ROK) stands as a testament to our country’s steadfast commitment to attracting top-tier investments and augmenting the participation of local companies in the global supply chains.”