Malaysia Showcases Investment Opportunities at Odisha Conclave
Malaysia has showcased its investment opportunities at the "Make in Odisha Conclave 2025", a business conference held in Bhubaneswar, the eastern Indian state of Odisha. The event, which took place on January 28-29, attracted both domestic and foreign participants.
Malaysia’s Key Attractions
As a partner country to the event, Malaysia highlighted its key attractions as a Southeast Asian business hub. Malaysian High Commissioner to India Datuk Muzafar Shah Mustafa told the conference that Malaysia is consistently amongst the most business-friendly nations globally, offering a strategic location, world-class infrastructure, and a skilled, multilingual workforce.
Growing Bilateral Trade
Highlighting the close ties between Malaysia and India, the high commissioner noted that bilateral trade increased by 10.4 per cent in 2024 to reach US$18.25 billion. He emphasized that the bilateral trade has been on an upward trajectory, reflecting the dynamism and complementarity of the two economies.
Exploring Partnerships
Malaysia sees tremendous potential for collaboration with Odisha in various sectors. The high commissioner suggested exploring partnerships in areas such as manufacturing, renewable energy, petrochemicals, digital technology, and tourism, particularly leveraging Odisha’s strategic coastal location and its potential as a maritime hub.
Engaging with Government and Business Leaders
The high commissioner called on state chief minister Mohan Charan Majhi and engaged with government officials, business leaders, and trade associations during the conference.
Conclusion
Malaysia’s participation at the "Make in Odisha Conclave 2025" aims to strengthen economic ties between Malaysia and Odisha, and to explore new opportunities for investment and collaboration. With its business-friendly environment, world-class infrastructure, and skilled workforce, Malaysia is an attractive destination for foreign investors.
FAQs
Q: What was the purpose of Malaysia’s participation at the "Make in Odisha Conclave 2025"?
A: Malaysia showcased its investment opportunities and explored partnerships with Odisha in various sectors.
Q: What are the key attractions of Malaysia as a business hub?
A: Malaysia offers a strategic location, world-class infrastructure, and a skilled, multilingual workforce.
Q: What is the current state of bilateral trade between Malaysia and India?
A: Bilateral trade increased by 10.4 per cent in 2024 to reach US$18.25 billion.
Q: What sectors does Malaysia see potential for collaboration with Odisha?
A: Malaysia sees potential for collaboration in areas such as manufacturing, renewable energy, petrochemicals, digital technology, and tourism.
Q: Who did the Malaysian High Commissioner meet during the conference?
A: The high commissioner met with state chief minister Mohan Charan Majhi and engaged with government officials, business leaders, and trade associations.