Relations between Malaysia and Italy have always had good momentum and have escalated positively since 1957. The past 62 years have been productive for many areas of co-operation, namely defence, education, trade and investment, as well as tourism. As for this latter sector, I am pleased to announce that Malaysia is becoming a favoured destination for Italians, with 55,000 Italian tourists having visited Malaysia in 2018. Malaysia is a nation of 32 million and is rich in culture and heritage. Under the new government, Malaysia strives to uphold international law and integrity and curb corruption within the rule of law. At the same time, it continues to develop close and friendly relations with like-minded countries and play an important role in international forums. Malaysia is a multiracial, multireligious and multicultural country and its identity encompasses a vast array of languages, cuisines and traditions.
I wish to highlight that Malaysia is currently riding on an ecosystem approach to lure investment, and not just within the country – it is also leveraging the competitive advantages of other ASEAN member states to create more vibrant and accessible investment opportunities. Given ASEAN’s vast consumer market and the increased development of member countries, companies located in Malaysia can leverage the country’s proximity to these markets and create a strong customer presence in the region.
As Malaysia moves up the value chain, we are looking for more innovation-based, knowledge–intensive projects within high-growth, high-value industries. Having built a strong industrial ecosystem over the years, we are now more targeted in our investment promotion efforts, specifically by focusing on quality investments that will accelerate and sustain the nation’s economic growth. As a trading nation with an open economy, Malaysia welcomes all foreign investments, including those from Italy that meet our aspirations of becoming a developed nation. In this regard, Malaysia would like to strengthen its already strong relations with Italy by opening the door to trade and investment with Italy, and further to encourage Italian businesses – particularly small and medium enterprises (SMEs) – to explore the many lucrative opportunities in Malaysia.
As of June 2018, a total of 73 manufacturing projects involving Italy’s participation had been implemented, with investments amounting to EUR300 million, and Italy is ranked as the seventh-largest investor in Malaysia from Europe. Investors are welcome to look at Malaysia as their gateway to the enormous ASEAN market and beyond. ASEAN is a regional organisation of ten economies and a combined population of more than 622 million that should become the fourth-largest single market in the world by 2030, after the United States, China and the European Union. On that note, I also wish to stress that we share Italy’s view that the best is through creating mutually beneficial and sustainable growth as well as increased co-operation in trade and investment.
Il 17 e 18 giugno si sono tenuti, presso Torino Incontra e alla presenza di Vincenzo Ilotte, Presidente della Camera di commercio di Torino,... Read More
In 1966, Robert F. Kennedy delivered a speech with this quote: ‘There is a Chinese curse which says “May we live in interesting times”.... Read More
Mahbubani K., J. Sng, (2017) The ASEAN Miracle. A Catalyst for Peace, Singapore: NUS Press. In 1993, The World Bank entitled its annual Development... Read More
In recent years, relations between Italy and ASEAN countries, including Viet Nam, have continued to develop fruitfully and productively. 2018 proved to be... Read More
Thailand and Italy celebrated the 150th anniversary of the establishment of their diplomatic ties in 2018. On 3 October 1868, representatives of Their... Read More
Philippine-Italian co-operation has grown over the years since the establishment of diplomatic relations on 9 July 1947. The relationship has gradually expanded across... Read More
Myanmar is located in the Southeast Asian peninsula, one of the ten ASEAN member countries. It shares its borders with five countries, including... Read More
Relations between Malaysia and Italy have always had good momentum and have escalated positively since 1957. The past 62 years have been productive... Read More
Indonesia, situated in Southeast Asia, is the world’s largest archipelagic country, comprising around 17,000 islands and inhabited by almost 260 million people, making Indonesia... Read More
In the digital age and in the present context of the Fourth Industrial Revolution (4IR), we often hear about ‘big data’ and the ‘Internet... Read More
Quarterly journal on the politics, foreign policy and socio-political dynamics of contemporary China
Quarterly journal on the international relations and international political economy of South-East Asia
Quarterly journal investigating the extended concept of security and the human dimension of conflict
OPENING HOURS
Library services are available to Library Members on the following days:
Monday: 10.00 am-1.00 pm
Tuesday: 2.00-5.00 pm
Thursday: 2.00-5.00 pm
The 7th edition of CMBP is hosted by Peking University and takes place across Beijing, Chongqing and Shenzhen (China) from July 19th to August... Read More
La Summer School “Engaging Conflict” è progettata per fornire agli studenti, ai ricercatori e ai giovani professionisti strumenti avanzati per affrontare criticamente i conflitti... Read More
Campus Luigi Einaudi, Lungo Dora Siena, Turin, Metropolitan City of Turin, Italy
