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Eurozone crisis prompting Italians to look East
by hlk Wed 28 Sep 2011, 18:20
MILAN: While there is currently a lack of awareness among Italians about Malaysia, the weak economic outlook of the eurozone is increasingly prompting Italians to look East as a new outlet of growth.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia welcomed investments from Italy, especially in the areas of alternative energy, regional establishments, the setting up of data centres, market support services, tourism and environmental management, among others.
It was also under such circumstances that the minutes of the First Joint Economic Committee was signed on Monday by Mustapa and Italy's Minister of Economic Development Paolo Romani at the Milan Chamber of Commerce. The joint committee will create new conditions for mutual growth, especially in the automotive, biotech, furniture design, medical care and infrastructure sectors. In return, Malaysia will help Italian small and medium enterprises expand and grow in Malaysia.
Mustapa said that Malaysia wanted technology from Italy for innovation and to create new products.
International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Malaysia welcomed investments from Italy, especially in the areas of alternative energy, regional establishments, the setting up of data centres, market support services, tourism and environmental management, among others.
It was also under such circumstances that the minutes of the First Joint Economic Committee was signed on Monday by Mustapa and Italy's Minister of Economic Development Paolo Romani at the Milan Chamber of Commerce. The joint committee will create new conditions for mutual growth, especially in the automotive, biotech, furniture design, medical care and infrastructure sectors. In return, Malaysia will help Italian small and medium enterprises expand and grow in Malaysia.
Mustapa said that Malaysia wanted technology from Italy for innovation and to create new products.
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