MIDA Inks Deal With DHL
The Malaysian Investment Development Authority (MIDA) is collaborating with DHL Express Malaysia to attract quality foreign investors, creating a competitive edge for the country as an ideal supply chain hub in Southeast Asia.
Sivasuriyamoorthy Sundara Raja, MIDA Deputy CEO of Investment Promotion and Facilitation, believes this will help fortify Malaysia's international investment standing.
DHL Express provides comprehensive services including air freight and sea freight, and a data centre as well as the upcoming state-of-the-art facilities that would help MIDA attract more FDI into Malaysia.
The partnership will also open up investment opportunities from 16 free trade agreements already in place – such as the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP).
“The RCEP and CPTPP opened up new markets altogether in countries such as Mexico, Canada, Peru, and Chile; having DHL Express to export to these markets is a direct advantage of this collaboration,” Sivasuriyamoorthy added.