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Over 36 pct of Japanese firms in Malaysia wish to expand operation: JETRO

About 36.1 percent of Japanese enterprises doing business in Malaysia intend to further expand their operations in the next one to two years, mainly in the food, precision medical equipment and transportation, according to an annual survey by the Japan External Trade Organization.
Over 36 pct of Japanese firms in Malaysia wish to expand operation: JETRO ảnh 1The COVID-19 pandemic devastates economies worldwide - Illustrative image (Photo: AFP/VNA)
Hanoi (VNA) – About 36.1 percent ofJapanese enterprises doing business in Malaysia intend to further expand their operationsin the next one to two years, mainly in the food, precision medical equipmentand transportation, according to an annualsurvey by the Japan External Trade Organization.

JETRO’s survey, which targeted Japanese enterprises in 20 countries andterritories, showed that among the six other ASEAN countries participating inthe survey, the rate of enterprises that plan to expand operations in Malaysia sawthe lowest decrease, at 6.7 percent.

Notably, the rate of Japanese firms wishing to expand production of value-addedproducts in this country stands at 44.4 percent - the highest among six SoutheastAsian countries.

The survey also said that the majority of Japanese companies in ASEAN countriesexpect business to recover in the second half of 2021 after the COVID-19pandemic is under control./. 
VNA
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