ID :
203428
Thu, 08/25/2011 - 10:10
Auther :

INVEST KL SET TO ATTRACT SINGAPORE-BASED MNCS AND FIRMS TO GREATER KUALA LUMPUR

SINGAPORE, Aug 25 (Bernama) -- Invest KL is set to attract Singapore-based
multinational companies (MNCs) and the republic's firms to the Greater Kuala
Lumpur/Klang Valley region.

"There has been some interest and we are in active discussions," said its
chief executive officer, Zainal Amanshah,

Invest KL is a lead government agency to attract, facilitate and service
large foreign multinational investments into the Greater Kuala Lumpur/Klang
Valley (KV) area.

"Our vision is to promote Greater KL as a global business hub and a dynamic
investment destination.

"We aim to attract companies that are regionally and globally focused to
create world class businesses, and generate career opportunities," he told
Bernama here.

Zainal was a member of the delegation accompanying the Minister of
International Trade and Industry, Mustapa Mohamed, on an official
visit to the city-state on Tuesday.

He said Invest KL will also be the contact point for all investors on behalf
of the government and government statutory bodies.

"Although, Invest KL started its operations in June this year, we have a
strong pool of prospects in place and will make the necessary announcements when
deals are finalised," he added.

When asked as to what sort of investors Invest KL is looking for,
Zainal said:"Invest KL is not focusing on any country specific or industry
specific company as a potential client.

"We welcome all large MNCs who wish to launch into Asia from Malaysia. This
could be through regional headquarter operations, regional
distribution/procurement centers and centralised support services."

He also said that Invest KL was actively promoting the Greater KL as one of
the most attractive metropolis cities in Asia for living and working.

He said the Greater KL National Key Economic Areas (NKEA) has identified
nine entry point projects (EPPs) for revitalising Greater KL.

Amongst the projects that will garner strength are those in infrastructure.

"However there are opportunities for growth in all industries as we work
together for the Greater KL vision in 2020.

"This vision is for Greater KL in 2020, to be among the top 20 cities in
terms of economic growth and as per the Economist Intelligence Unit's Livability
Index," he added.

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