Deputy Foreign Minister invites Austria’s private sector to invest in M’sia

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PUTRAJAYA: Deputy Foreign Minister Datuk Kamarudin Jaffar (pic) welcomes the Austrian private sector to proceed investing in Malaysia.

During his assembly with the Secretary-General of the Austrian Federal Ministry for European and International Affairs Peter Launsky-Tieffenthal in Vienna on Wednesday (Feb 16), Kamarudin expressed his appreciation for the RM8.5bil funding by Austria Technologie & Systemtechnic Aktiengesellschaf (AT&S), which can function in Kedah.

According to an announcement from Wisma Putra, Kamarudin additionally shared the newest developments in the nation’s commodity sector, particularly points and efforts involving palm oil.

“Various problems with bilateral relations between Malaysia and Austria had been mentioned throughout the assembly, together with cooperation in the fields of defence, increased schooling, economic system, commerce, funding, and well being tourism,” the assertion learn.

Wisma Putra mentioned the assembly additionally offered a chance for each events to trade views on regional and worldwide points.

Among them are the cooperation between the European Union and Asean, the function of Malaysia and Austria in numerous worldwide organisations in addition to present developments in Afghanistan, Palestine and Myanmar.

“Austria expresses its appreciation to Malaysia for its contributions and lively involvement in the International Anti-Corruption Academy (IACA), which is headquartered in Austria, the place Malaysia is without doubt one of the founding nations of the establishment,” he mentioned.

According to Wisma Putra, Malaysia and Austria have had good and pleasant bilateral relations since establishing diplomatic relations on Aug 6, 1962, and can have fun its sixtieth anniversary this 12 months.

The worth of bilateral commerce between the 2 nations final 12 months amounted to RM3.28bil, with an export worth of RM0.53bil and an import worth of RM2.75bil.

Kamarudin is on a working go to to the Czech Republic, Austria, Poland and France from Feb 13 to 23. – Bernama



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