The Deputy Minister of International Trade and Industry, Y.B. Dato’ Mukhriz Mahathir is on a Working Visit to Osaka, Nagoya and Tokyo, Japan from 11 until 15 December 2011. This Working Visit is in conjunction with Invest Malaysia Road Show organised by Bank of Tokyo Mitsubishi UFJ Berhad from 12 until 14 December 2011 in the three cities.
The Deputy Minister is accompanied by Government Officials, State Government Representatives and a business delegation. The objectives of the Working Visit are to:
i. follow up to the Trade and Investment Mission to Japan in July 2011;
ii. promote Malaysia as the preferred investment destination in South East Asia; and
iii. further enhance bilateral trade and investment relations between Malaysia and Japan.
Programmes arranged for the Working Visit include meetings with Japanese companies, Invest Malaysia Road Show, and factory visits.
Bilateral Trade
Japan is Malaysia’s third most important trading partner and the bilateral trade between Malaysia and Japan is on an increasing trend. In 2010, Japan was Malaysia’s largest import source and 3rd largest export destination.
For the period Jan-Sept 2011, Malaysia’s bilateral trade with Japan amounted to RM 106.05 billion, an increase of 9over the corresponding period in 2010 with exports valued at RM 57.41 billion and imports, RM 48.65 billion.
Malaysia’s major exports to Japan in 2010 are:
Liquefied natural gas (LNG);
Electrical and electronics (E&E);
Wood products;
Optical and scientific equipment; and
Chemicals and chemical products.
Investment
Japan continues to be one of Malaysia’s top sources of foreign direct investment. As at 31 December 2010, a total of 2,360 manufacturing projects were implemented with total investments of RM57.0 billion and creation of 315,400 jobs.
Major implemented manufacturing projects in 2010 were in:
E&E products;
Metal products;
Transport equipment;
Chemicals and chemical products; and
Non-metallic mineral products.
For the period January-September 2011, Japan was ranked as the largest investor with a total of 61 projects approved valued at RM 2.4 billion.
The Deputy Minister is accompanied by Government Officials, State Government Representatives and a business delegation. The objectives of the Working Visit are to:
i. follow up to the Trade and Investment Mission to Japan in July 2011;
ii. promote Malaysia as the preferred investment destination in South East Asia; and
iii. further enhance bilateral trade and investment relations between Malaysia and Japan.
Programmes arranged for the Working Visit include meetings with Japanese companies, Invest Malaysia Road Show, and factory visits.
Bilateral Trade
Japan is Malaysia’s third most important trading partner and the bilateral trade between Malaysia and Japan is on an increasing trend. In 2010, Japan was Malaysia’s largest import source and 3rd largest export destination.
For the period Jan-Sept 2011, Malaysia’s bilateral trade with Japan amounted to RM 106.05 billion, an increase of 9over the corresponding period in 2010 with exports valued at RM 57.41 billion and imports, RM 48.65 billion.
Malaysia’s major exports to Japan in 2010 are:
Liquefied natural gas (LNG);
Electrical and electronics (E&E);
Wood products;
Optical and scientific equipment; and
Chemicals and chemical products.
Investment
Japan continues to be one of Malaysia’s top sources of foreign direct investment. As at 31 December 2010, a total of 2,360 manufacturing projects were implemented with total investments of RM57.0 billion and creation of 315,400 jobs.
Major implemented manufacturing projects in 2010 were in:
E&E products;
Metal products;
Transport equipment;
Chemicals and chemical products; and
Non-metallic mineral products.
For the period January-September 2011, Japan was ranked as the largest investor with a total of 61 projects approved valued at RM 2.4 billion.
